I find the feelings of interest rate hike by the Federal Reserve have started to shed some reflection upon the movement of Lead futures price. I find the Lead Futures price seems to be facing stiff resistance at the current level and ready to move downward amid growing volatility ahead. On analysis of the movement of Silver futures price inside the “Resistance Zone”, seems ready to move on a downward voyage amid growing volatility. I conclude an expected propositional trading zone from January 7th, 2018 to January 12th, 2018.
Disclosure:
1. This content is for information and educational purposes only and should not be considered as an investment advice or an investment recommendation. Past performance is not an indication of future results. All trading carries risk. Only risk capital be involved which you are prepared to lose.
2. Remember, YOU push the buy button and the sell button. Investors are always reminded that before making any investment, you should do your own proper due diligence on any name directly or indirectly mentioned in this article. Investors should also consider seeking advice from an investment and/or tax professional before making any investment decisions. Any material in this article should be considered general information, and not relied on as a formal investment recommendation.