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Silver breaks major resistance $14.60 targets $15.70

Pattern Formed- Big W pattern Major resistance - $14.60 The commodity has broken major resistance $14.60 and jumped till $14.78. It is currently trading around $14.63 Any break above $14.60 will confirm minor trend rever…

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Silver breaks major resistance $14.60 targets $15.70
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  • Pattern Formed- Big W pattern
     
  • Major resistance - $14.60
     
  • The commodity has broken major resistance $14.60 and jumped till $14.78. It is currently trading around $14.63
     
  • Any break above $14.60 will confirm minor trend reversal , a jump till $15.15/$15.70 is possible .
     
  • On the lower side major support is around $14.30 and break below targets $14.05/$13.85.

It is good to buy around $14.50-$14.55 with SL around $14.25 for the TP of $15.15/$15.70

 

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