As per the chart, keep your eyes on Aluminium-bull resistance line. We may see prices at 143 – 144.6 or above soon.
This rally will stop after breaking out the resistance line. So what’s next then? You can take fib levels as targets.
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First, read yesterday’s silver report by clicking here: Silver Ready To Explode, Tips & Updates
I had written in bold words, “Currently, silver is running above 61K. As per this 4-hourly chart, we can expect continuous uptrend for the levels of 62,000 – 63,360 – 65,000+. It could keep pushing upward until a crossover of 5 MA and 20 MA (blue)…”.
In a trading session, it has touched all targets. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
SCREENSHOT:
In the last trading session, silver has gained +361 points. As we updated in previous newsletters, silver is flying with gold. Silver wings may cutoff after breaking out 60,000 levels and may fall till a hit of control price line. Hence, this breakout will lead the prices 59,000 to 58,000. Don’t forget to keep your eyes peeled at 5 MA (orange).
Currently silver is running above 61K. As per this 4-hourly chart, we can expect continuous uptrend for the levels of 62,000 – 63,360 – 65,000+. It could keep pushing upward until a crossover of 5 MA and 20 MA (blue). Further information I will update shortly.
I would like to keep your attention on the previous week’s major updates:
Copper Warning – This is Not a Selling Opportunity
I had written, “We may see at all-time high soon…”.
Zinc Trading Strategy & Tips with Hourly Chart
I had written, “Based on the current trend:
Uptrend targets: 165 – 170+…”.
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Three days ago, I had given a trading signal EURAUD.
Click here to read it → The Big Move In EURAUD May Be Right Now
The previous chart:
TODAY:
All targets of EURAUD has come.
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EURAUD price begins to accelerate higher faster than other currencies from the control price (CP). It can hit 1.63500 – 1.64060 after crossing the CP level.
Hurdle: 1.62150
This hurdle is a game-changer. It could explode downward and prices may fall 1.61850 to 1.61360 levels.
The above information is sufficient for a smart trader to start minting money.
As per this chart, the trend continuation will drag up to 9.94600 – 0.95000 levels.
Keep your eyes on the support trend line, USDCHF has broken it. If it’s not fake-out, 0.92360 – 0.91800 target levels.