Silver Spot has broken through the support line of a Descending Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 5 days and suggests a possible target level to be around 29.6225 within the next 11 hours.
Bulls aim for 29.6225 after the Silver Spot triggered a bearish formation on the 1 hour chart
