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Breach of support could mean a start of a bearish trend on Silver MARCH 2021

Silver MARCH 2021 has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we expect the price of Silver MARCH 2021 to test 27.3446 within the next 12 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.

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We expect a $11,722.071 movement on PL within 2 hours following the event release at 06 Jan 05:00.

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