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
US Oil is currently testing a level of 62.2340. Will the breakout continue or will things reverse?
US Oil has broken through 62.2340 which it has tested numerous times in the past. We have seen…
A Rising Wedge 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 3.1395 having recently rebounded of the support on the 30 Minutes data…
An unexpected large move occurred on Brent Crude 1 hour chart. The shift stands out in recent activity.
Brent Crude just posted a 2.7% move over the past 10 hours – a move that won’t go…