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Silver breaks minor trend line resistance, targets $14.62

Major resistance - $14.18 (trend line joining $14.62 and $14.29) The commodity has broken trend line resistance and jumped till $14.31. It is currently trading around $14.23. Intraday trend is bullish a jump till $14.62 …

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Silver breaks minor trend line resistance, targets $14.62
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  • Major resistance - $14.18 (trend line joining $14.62 and $14.29)
     
  • The commodity has broken trend line resistance and jumped till $14.31. It is currently trading around $14.23.
     
  • Intraday trend is bullish a jump till $14.62 is possible. On the lower side support is around $13.95 and break below targets $13.60.

    It is good to buy at dips around $14.15-20 with SL around $13.95 for the TP of $14.62        

 

 

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