SILVER approaching resistance of a Triângulo Ascendente
SILVER is approaching the resistance line of a Triângulo Ascendente. It has touched this line numerous times in the last 6 days. If it tests this line again, it should do so in the next 16 hours.
What’s going on with GOLD?
Those of you that are trend followers are probably eagerly watching GOLD to see if its latest 1,98% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 13 hours move.
What’s going on with GOLD?
Those of you that are trend followers are probably eagerly watching GOLD to see if its latest 1,95% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 17 hours move.
GOLD has broken through support
GOLD has broken through a support line. It has touched this line at least twice in the last 2 days. This breakout may indicate a potential move to 1826.2583 within the next 5 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
Important price line breached by SILVER
SILVER has broken through 20.1020 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, SILVER may be heading towards 20.2117 within the next 8 hours.
GOLD – getting close to support of a Cunha descendente
GOLD is moving towards a support line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 8 days and may test it again within the next 2 days.
Huge bearish move on SILVER
SILVER has moved lower by 5,54% from 21.09 to 19.921 in the last 21 hours.
What’s going on with GOLD?
Those of you that are trend followers are probably eagerly watching GOLD to see if its latest 1,88% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 15 hours move.
SILVER – getting close to psychological price line
SILVER is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 6 days and may test it again within the next […]
GOLD approaching support of a Canal ascendente
GOLD is approaching the support line of a Canal ascendente. It has touched this line numerous times in the last 6 days. If it tests this line again, it should do so in the next 2 days.