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Silver MARCH 2020 is quickly approaching 16.9150. We expect either a breakout through this line, or a rebound.

Silver MARCH 2020 is heading towards a line of 16.9150. If this movement continues, we expect the price of Silver MARCH 2020 to test 16.9150 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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We expect a $2,178,099 movement on YM within 2 hours following the release of Existing Home Sales.

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We expect 6E to trend downwards right now.

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