The breakout of Silver Spot through the 30.7290 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Silver Spot could test 30.5088 within the next 5 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Silver Spot has broken through a support line. It has touched this line numerous times in the last 22 hours.
