• Silver broke support level 21.50
• Likely to fall to support level 20.50
Silver recently broke the key support level 21.50 (which stopped the previous minor impulse wave 1 earlier this month) intersecting with the 50% Fibonacci correction of the previous upward impulse from October .
The breakout of the support level 21.50 accelerated the active impulse waves 3 and (C).
Silver can be expected to fall further toward the next support level 20.50 (previous monthly low from November).
- 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…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
This website uses cookies