Silver MARCH 2020 is moving towards a line of 16.9550 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 MARCH 2020 continues in its current trajectory, we can expect it to reach 16.9550 within the next 8 hours.
Related Posts
Natural Gas seems to be on its way to resistance – a possible opportunity?
A strong resistance level has been identified at 3.4615 on the 30 Minutes Natural Gas chart. Natural Gas…
Important resistance line being approached by Natural Gas. This price has been tested numerous time in the last 5 days
A Channel Down pattern was identified on Natural Gas at 3.3885, creating an expectation that it may move…
Gold Spot is approaching a support line of a Falling Wedge. It has touched this line numerous times in the last 8 days.
Gold Spot is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a…