Silver broke out of corrective triple three pattern after having risen in an impulsive wave 1 starting Oct.3 ending Oct.20.
Talking of chart patterns the commodity also broke out of the falling wedge chart pattern.
Other than a minor pullback on hourly/half hourly chart there should not be much resistance for this commodity to quicky achieve its projected wave 3 target close to approx. $25.
Note*- This chart is for educational purpose only
Talking of chart patterns the commodity also broke out of the falling wedge chart pattern.
Other than a minor pullback on hourly/half hourly chart there should not be much resistance for this commodity to quicky achieve its projected wave 3 target close to approx. $25.
Note*- This chart is for educational purpose only
Trade closed: target reached