Silver - Is testing important resistance at 18.51

Silver - Is testing important resistance at 18.51  

Silver is trying to break above the Inverse S/H/S bottoms neckline near 18.00 and more importantly above resistance at 18.51 and if the later is broken too, then a rally towards the measured S/H/S target at 22.05 should be expected as a minimum, but this rally could easily extend higher towards 25.10. 

The Inverse S/H/S neckline at 18.00 will now shift from resistance to support and will ideally protect the downside, but only a break below support at 17.52 will question the break above the neckline. 

JT
2014-06-23
Its been a pleasure over the years I have been following you and even better as a member the education you provide in my view is invaluable you can read books as I have but to see how you evolve your ...
Thomas
2014-05-28
phenomenal new service EWS, I have followed you for 18 months and the exceptional analysis continues unabated! I look forward to the daily updates focusing on the most interesting and potentially lucr...
Tommy
2015-02-26
Great call on nat gas

Just wanted to drop you a note to say great call on nat gas as it held 2.67

Great job.

Tommy