Silver JULY 2019 is moving towards the resistance line of a Triangle which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Silver JULY 2019 continues in its current trajectory, we can expect it to reach 14.9950 within the next 2 days.
Related Posts
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…
US Oil consistently settling in one direction. Will it continue?
US Oil has moved lower after 4 consecutive daily candles from 78.4740 to 66.0695 in the last 5…