Silver Spot is moving towards a resistance line 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 Spot continues in its current trajectory, we could see it reach 34.4088 within the next 3 days.
Silver Spot is approaching a resistance line of a Rising Wedge. It has touched this line numerous times in the last 10 days.
