Silver DECEMBER 2019 has broken through a support line of a Pennant and suggests a possible movement to 16.5975 within the next 23 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 6 days.
Related Posts
An unexpected large move has occurred on Gold Spot Daily chart! Is this a sign of something new? What can we expect?
Gold Spot experienced an extremely large move that lasted 19. This movement is in the 4.0 percentile and…
US Oil is approaching a support line of a Channel Down. It has touched this line numerous times in the last 13 days.
US Oil is moving towards a support line. Because we have seen it retrace from this line before,…
Silver Spot keeps moving closer towards 30.8220. Will it finally breach this level?
Silver Spot is moving towards a resistance line. Because we have seen it retrace from this level in…