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Silver MAY 2020 – approaching a price line that has been previously tested numerous times in the past

Silver MAY 2020 is moving towards the support line of a Support. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 2 days and may test it again within the next 5 hours.

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After testing 184.00 numerous times, Home Depot Inc. is once again approaching this price point. Can we expect a bearish trend to follow?

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We expect a 0 pip movement on BR within 4 hours following the event release.

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