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Important price line being approached by Silver MARCH 2021. This price has been tested numerous times before.

Silver MARCH 2021 is moving towards a line of 24.5050 which it has tested numerous times in the past. We have seen it retrace from this positions 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 MARCH 2021 continues in its current trajectory, we can expect it to reach 24.5050 within the next 2 days.

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Live Cattle FEBRUARY 2021 is quickly approaching 115.2250. We expect either a breakout through this line, or a rebound.

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