• Silver broke resistance zone
• Likely to rise to 17,00
Silver recently broke the resistance area lying between the resistance level 15.80 (monthly high from April) and the 61,8% Fibonacci correction of the previous downward impulse (3) from February.
The breakout of this resistance zone accelerated the C-wave of the active medium-term ABC correction (4) from March.
Silver is likely to rise further toward the next resistance level 17,00 (forecast price for the termination of the active ABC correction (4)).
- GBPUSD reversed from support level 1.2495 - Likely to rise to resistance level 1.2625…
- EURUSD reversed from powerful support level 1.0350 - Likely to rise to resistance level…
- WTI broke daily Triangle - Likely to rise to resistance level 70.90 WTI crude…
- AUDUSD reversed from resistance level 0.6270 - Likely to fall to support level 0.6200…
- Nasdaq 100 reversed from strong support level 21000.00 - Likely to rise to resistance…
- USDJPY reversed from key support level 156.35 - Likely to rise to resistance level…
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