Silver Spot is moving towards a line of 30.1850 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Silver Spot continues in its current trajectory, we may see it move towards 30.1850 within the next 9 hours.
If Silver Spot touches 30.1850 it may be time to take action.
