The breakout of Silver MARCH 2022 through the 22.2800 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Silver MARCH 2022 could test 21.8295 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Related Posts
Supports and resistances are primary concepts of technical analysis. Gold Spot is heading for an important price of 2888.2900 – read about what this could mean for the future.
Gold Spot is about to retest a key horizontal support level near 2888.2900. It has tested this level…
After testing support twice in the past, Natural Gas has finally broken through. Can we expect a bearish trend to follow?
The last 17 4 hour candles on Natural Gas formed a Triangle pattern and broken out through the…
Bulls aim for 67.9422 after the US Oil triggered a bearish formation on the 4 hour chart
US Oil has broken through a support line of a Descending Triangle and suggests a possible movement to…