{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/silver-break-out\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/silver-break-out\/","headline":"Silver Break Out","name":"Silver Break Out","description":"Overnight Silver has broken out of it’s range that it had been trading in for the previous month. Price had been stuck in a tight box situation with price unable to make a clear move either way. Now price has shown it’s hand and moved lower, the old low of the range will be important. […]","datePublished":"2012-10-16","dateModified":"2019-08-04","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/10\/11sl.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/10\/11sl.png","height":"373","width":"664"},"url":"https:\/\/forexschoolonline.com\/silver-break-out\/","about":["Price Action Charts in Focus"],"wordCount":210,"articleBody":"Overnight Silver has broken out of it’s range that it had been trading in for the previous month. Price had been stuck in a tight box situation with price unable to make a clear move either way.Now price has shown it’s hand and moved lower, the old low of the range will be important. If price moves higher to test the old box low and holds as new resistance, we may see another move much lower. If price however moves straight back into the box, more consolidation would be likely.Price\u00a0Action\u00a0traders could look to get into the next move by\u00a0targeting\u00a0the old box low for possible entries. If price can hold and produce a solid bearish Price\u00a0Action\u00a0signal at the new resistance, it could be the tipping point for the next down wave. SILVER DAILY CHART -16 OCTOBER 2012 Special Note:\u00a0\u00a0To learn more\u00a0\u00a0about Price Action Trading, and how you can become one of Forex School Online students check out the\u00a0Forex Price Action Trading Course.\u00a0Memberships are for a lifetime, and include a 3 part course, live trading setups forum, members only articles & videos, members webinars and unlimited email support with Johnathon Fox to help you in your journey. "}