Silver DECEMBER 2020 has broken through the support line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 23.8487 can be expected within the next 10 hours.
Related Posts
Big movement possible on US Oil after a breach of 67.2755
US Oil has breached the resistance line at 67.2755. It may continue the bullish trend towards 68.6248, or,…
Gold Spot – approaching a resistance line that has been previously tested at least twice in the past
Gold Spot is moving towards a resistance line. Because we have seen it retrace from this line before,…
If Natural Gas touches 3.4825 it may be time to take action.
Natural Gas is moving towards a support line. Because we have seen it retrace from this level in…