Silver - Bears desperate to protect weekly trend-line.

You can see the battle over the blue dashed trend-line. This is an important trend-line from the weekly chart.

A daily close above this line would suggest a bullish breakout. $17.50 (previous high would be the next resistance)

Will post a weekly chart in the comments to show the trend-line I'm referring to.

DXY hitting resistance so I expect a move higher.

Price seems well supported even with DXY moving higher and near YTD highs....

ความคิดเห็น:

Weekly chart for reference....