Investing Wisely

Silver Fresh trendline breakout

834

Silver Fresh trendline breakout

 

Silver Fresh trendline breakout

 

 

Silver Fresh trendline breakout was consolidating sideways between the levels of $26.00 on the upside and $21.65 on the downside since September. It gave a trendline breakout in the past week after taking the support of the daily moving averages. The white metal has now breached the previous swing high of $26.00 and has come out of the consolidation phase with a fresh breakout. Going ahead, the target on the upside is placed at $29.84 which is the previous swing high whereas the support is placed at $24.20 which is 20 DSMA.

Silver Fresh trendline breakout

 

MCX Trend

If you liked this article, then please share it on the social networking site. You can also find us on TwitterFacebook, YouTube, and Instagram, Telegram.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More