Coinciding with new round of QE from ECB.
Inverted head and shoulders. Waiting on Brexit news.
Projects over 1.40. Brexit deal passage imminent?
Successful back-test of breakdown. 10 year anniversary this week of March 2009 market low. Will mark the end of this rally and new leg lower taking market below 2350.
Retested the breakout.
Looking bullish. If GBP rallies at the same time, silver could go straight up for a while.
Backtesting breakdown
Meeting resistance now at 2800. Expecting a reversal imminently.