Silver Spot is heading towards 32.3050 and could reach this point within the next 11 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Related Posts
A possible move on Silver Spot as it heads towards resistance
An emerging Rising Wedge has been detected on Silver Spot on the 4 hour chart. There is a…
A Channel Up has formed, Brent Crude is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
Emerging Channel Up detected on Brent Crude – the pattern is an emerging one and has not yet…
After testing the support line numerous times, Silver Spot is once again approaching this line. Can we expect a bearish trend to follow?
Silver Spot is heading towards the support line of a Channel Up. If this movement continues, the price…