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Silver is Getting Ready for a Range Breakout

By
Nenad Kerkez
Published: Jul 1, 2021, 09:32 GMT+00:00

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

Silver

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.

For a look at all of today’s economic events, check out our economic calendar.

Cheers and safe trading,

Nenad

 

About the Author

Nenad Kerkezcontributor

M.Ec. Nenad Kerkez aka Tarantula is Elite CurrenSeas Head trader and a valued contributor to many premium Forex and trading websites.

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