Silver MARCH 2021 has broken through the resistance line of a Resistance. It has touched this line numerous times in the last 14 days. This breakout shows a potential move to 24.7930 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
Brent Crude formed a Falling Wedge on the 1 hour chart. Retest of support in sight.
Emerging Falling Wedge detected on Brent Crude – the pattern is an emerging one and has not yet…
Breach of support could mean a start of a bearish trend on Silver Spot
This trade setup on Silver Spot is formed by a period of consolidation; a period in which the…
Gold Spot seems to be on its way to resistance – a possible opportunity?
Gold Spot is approaching a resistance line at 3871.7600. If it hits the resistance line, it may break…