Tue, 15 Mar 2022 11:13:36 GMT
Silver breaks 2021 high resistance line
At the end of February, the price for silver passed above the 2021 high level connecting trend line. Afterwards, the commodity surged to the 27.00 mark and bounced off its resistance. By doing so, the rate revealed a channel up pattern, which captures the 2022 recovery of the metal.
On March 15, the price was retracing downwards and was expected