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Important resistance line being approached by Silver Spot. This price has been tested numerous time in the last 14 days

Silver Spot is heading towards the resistance line of a Rising Wedge and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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INTC formed a Falling Wedge on the 15 Minutes chart. Retest of resistance in sight.

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Supports and resistances are primary concepts of technical analysis. LTCUSD is heading for an important price of 84.5100 – read about what this could mean for the future.

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