Silver DECEMBER 2021 is moving towards a line of 22.8050 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Silver DECEMBER 2021 continues in its current trajectory, we can expect it to reach 22.8050 within the next 2 days.
Related Posts
Supports and resistances are primary concepts of technical analysis. US Oil is heading for an important price of 65.9135 – read about what this could mean for the future.
A strong support level has been identified at 65.9135 on the 1 hour US Oil chart. US Oil…
Gold Spot is quickly approaching the support line of a Channel Down. We expect either a breakout through this line or a rebound.
An emerging Channel Down has been detected on Gold Spot on the 4 hour chart. There is a…
Important support line being approached by Gold Spot. This price has been tested numerous time in the last 3 days
Gold Spot is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a…