Silver MARCH 2020 has broken through a line of 17.6650 and suggests a possible movement to 17.7815 within the next 2 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 9 days.
Related Posts
Corn May 2024 – approaching a price line that has been previously tested numerous times in the past
Corn May 2024 is approaching a resistance line at 437.5000. If it hits the resistance line, it may…
Soybeans May 2024 hits 1140.0 after a 6.52% move spanning 31 days
Soybeans May 2024 dropped sharply for 30 days – which is an excessively big movement for this instrument;…
An unexpected large move has occurred on 10 Yr Us Treasury Note June 2024 Daily chart! Is this a sign of something new? What can we expect?
Those of you that are trend followers are probably eagerly watching 10 Yr Us Treasury Note June 2024…