Silver is Getting Ready for a Range Breakout

1 min read
tarantula fx

tarantula fx

Head of Trading

Dear traders,

Silver is ranging between weekly camarilla pivot points. We should see a breakout possibly after the NFP.

Two blue lines represent the range where the silver is moving now. We have 2 breakout points.

Bullish breakout above 26.60 will target 27.79. If we see a breakout below 25.50 get ready for 24.60. We should see it possibly after the NFP tomorrow. Look for breakout-retest patterns.

The Analysis has been done with the Black Widow system.

Good trading,
Nenad Kerkez

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