Silver SEPTEMBER 2019 has broken through the support line of a Triangle 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 5 days and suggests a target line to be around 14.8717 within the next 14 hours.
Related Posts
Gold Spot formed a Channel Down on the 4 hour chart. Retest of support in sight.
Gold Spot is moving towards a support line which it has tested numerous times in the past. We…
Breach of 38.0392 could mean a start of a bullish trend on Silver Spot
The price of Silver Spot in heading in the direction of 38.7158. Despite the recent breakout through 38.0392…
A Channel Up has formed, Natural Gas is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
Natural Gas was identified at around 2.756 having recently rebounded of the support on the 1 hour data…