The breakout of Silver DECEMBER 2021 through the 23.8000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of Silver DECEMBER 2021 to test 23.9775 within the next 6 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
ARTÍCULOS RELACIONADOS
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…
Brent Crude has broken through a level it has tested 3 times in the recent past.
A strong resistance level has been breached at 66.3745 on the 4 hour Brent Crude chart. Technical Analysis…