Silver Spot was identified at around 32.328 having recently rebounded of the resistance on the 1 hour data interval. Ultimately, the price action of the stock has formed a Channel Down pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 32.0051 level.
ARTÍCULOS RELACIONADOS
Important support line being approached by Gold Spot. This price has been tested numerous time in the last 8 days
Emerging Falling Wedge detected on Gold Spot – the pattern is an emerging one and has not yet…
A possible move on Silver Spot as it heads towards resistance
Silver Spot is approaching the resistance line of a Channel Up. It has touched this line numerous times…
Silver Spot formed a Rising Wedge on the 1 hour chart. Retest of resistance in sight.
A Rising Wedge pattern was identified on Silver Spot at 36.2943, creating an expectation that it may move…