The breakout of Silver JULY 2020 through the 17.8100 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of Silver JULY 2020 to test 18.1160 within the next 23 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
Breach of support could mean a start of a bearish trend on Gold Spot
This trade setup on Gold Spot is formed by a period of consolidation; a period in which the…
Silver Spot hits 31.255 after a 3.22% move spanning 18 hours
Silver Spot has moved higher by 3.22% from 30.2805 to 31.255 in the last 18 hours.
Natural Gas likely to test 3.9420 in the near future. Where to next?
Natural Gas is moving towards a key resistance level at 3.9420. This is a previously tested level for…