Silver recently reversed down 3 times from the powerful resistance level 16.00 – intersecting with the daily Upper Bollinger Band.
The latest downward reversal from the resistance level 16.00 started active short-term impulse wave (c) – which belongs to the ABC correction 2 from last month.
Silver is expected to fall further and retest the next support level 15.55 (former key resistance from July and March).
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- WTI crude oil reversed from the multi-year support level 66.70 - Likely to rise…
Japanese inflation is rising, with corporate goods prices inflation accelerating to 3.4% y/y in October,…
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