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 23.1371 may materialize within the next 20 hours.
Related Posts
A Descending Triangle has formed, Silver Spot is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
Silver Spot is trapped in a Descending Triangle formation, implying that a breakout is Imminent. This is a…
A final push possible on Natural Gas as it starts approaching a price line of 3.6320.
Natural Gas is heading towards 3.6320 and could reach this point within the next 2 days. It has…
US Oil experienced a very large 22 hours bearish move to 69.139
Those of you that are trend followers are probably eagerly watching US Oil to see if its latest…