Silver / US Dollar, Daily Chart Analysis October 27
Technical Analysis and Outlook
Silver road-map is now taking place in the Silver market. Silver also completed Silver Dip $16.92, validating with Key Sup $17.00 and 'BARC' symbol, while holding the Maginot Line of $17.50.
The price action within and above the $17.50 against the $17.00 Key Sup has this week sparked rally towards the resistance level of $18.60 that came from the highs created on September 24. A close above Mean Res $18.60 there would be a breakout and unlock the way initially to Key Res $19.50 and then next Outer Silver Rally $20.15.
Silver road-map is now taking place in the Silver market. Silver also completed Silver Dip $16.92, validating with Key Sup $17.00 and 'BARC' symbol, while holding the Maginot Line of $17.50.
The price action within and above the $17.50 against the $17.00 Key Sup has this week sparked rally towards the resistance level of $18.60 that came from the highs created on September 24. A close above Mean Res $18.60 there would be a breakout and unlock the way initially to Key Res $19.50 and then next Outer Silver Rally $20.15.