Silver MAY 2022 has broken through a support line. It has touched this line at least twice in the last 7 days. This breakout may indicate a potential move to 24.3047 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
A Falling Wedge has formed, Natural Gas is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
Natural Gas is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a…
Natural Gas is quickly approaching the support line of a Falling Wedge. We expect either a breakout through this line or a rebound.
Emerging Falling Wedge detected on Natural Gas – the pattern is an emerging one and has not yet…
Brent Crude experienced 4 consecutive daily bearish candles to reach a price of 67.8395
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…