This trade setup on Silver May 2024 is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bearish breakout through support, it seems to suggest that we could see the next price move to 27.0042.
ARTÍCULOS RELACIONADOS
US Oil is approaching a support line of a Rising Wedge. It has touched this line numerous times in the last 2 days.
US Oil is moving towards a support line. Because we have seen it retrace from this line before,…
After testing the resistance line numerous times, Natural Gas is once again approaching this line. Can we expect a bullish trend to follow?
Natural Gas is approaching the resistance line of a Channel Up. It has touched this line numerous times…
After experiencing a 14.18% bullish move in the space of 2 days, nobody knows where Natural Gas is headed.
Natural Gas hits 3.3575 after a 14.18% move spanning 2 days.