Silver Spot has broken through a line of 33.0815 and suggests a possible movement to 32.8503 within the next 7 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 4 days.
If you’re long Silver Spot you should be aware that 33.0815 has just been breached – a level tested 3 time in the past
