Silver MAY 2022 has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 24.0297 may materialize within the next 3 days.
Related Posts
Natural Gas – approaching a price line that has been previously tested numerous times in the past
Natural Gas is heading towards 3.2265 and could reach this point within the next 8 hours. It has…
Brent Crude – approaching a support line that has been previously tested at least twice in the past
Brent Crude is moving towards a support line which it has tested numerous times in the past. We…
Gold Spot hits 3202.61 after a 5.83% move spanning 12 days
Those of you that are trend followers are probably eagerly watching Gold Spot to see if its latest…