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Silver MAY 2021 is quickly approaching 25.8400. We expect either a breakout through this line, or a rebound.

Silver MAY 2021 is heading towards a line of 25.8400. If this movement continues, we expect the price of Silver MAY 2021 to test 25.8400 within the next 2 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 $71.542 movement on DX within the next 48 hours.

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Breach of support could mean a start of a bearish trend on FRA40

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