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Silver DECEMBER 2020 – breach of a trending support line that has been tested at least twice before.

Silver DECEMBER 2020 has broken through the support line of a Flag technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 7 days and suggests a target line to be around 22.7293 within the next 2 days.

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Breach of support could mean a start of a bearish trend on Boeing Co.

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We expect KW to trend upwards for the next 48 hours.

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