• Silver reversed from support level 21.5
• Likely to rise to resistance level 23.00
Silver recently reversed up from the powerful support level 21.5 (which stopped the earlier sharp impulse wave (1) at the end of September).
The upward reversal from the support level 21.5 1.2960 started the active short-term ABC correction 2 – of wave (2) from November.
Silver can be expected to rise further toward the next resistance level 23.00 (former low of wave B from last month).
Market picture Crypto market capitalisation rose 3.3% in 24 hours to $2.22 trillion. Local capitalisation…
- EURJPY under strong bearish pressure - Likely to fall to support level 163.10 EURJPY…
- WTI broke round support level 80.00 - Likely to fall to support level 76.00…
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
This website uses cookies