Silver DECEMBER 2019 has broken through a support line of a Pennant and suggests a possible movement to 16.5975 within the next 23 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 6 days.
Related Posts
We expect a 1107 pip movement on OJ for the next 12 hours.
Based on the last 12 Ivey PMI s.a events in Canada, OJ may trend upwards for the next…
We expect S to trend downwards right now.
Based on past Germany Balance of Trade news events there is a 75% chance of S trending downwards.…
We expect PA to trend downwards for the next 12 hours.
Based on the last 12 RBA Interest Rate Decision events in Australia, PA may trend downwards for the…