GOLD – getting close to psychological price line
GOLD is moving towards a resistance 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 9 days and may test it again within the next […]
SILVER approaching resistance of a Channel Down
SILVER is approaching the resistance line of a Channel Down. It has touched this line numerous times in the last 2 days. If it tests this line again, it should do so in the next 5 hours.
GOLD approaching support of a Falling Wedge
GOLD is approaching the support line of a Falling Wedge. It has touched this line numerous times in the last 5 days. If it tests this line again, it should do so in the next 14 hours.
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 – getting close to psychological price line
GOLD 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 15 days and may test it again within the next […]
SILVER approaching resistance of a Ascending Triangle
SILVER is approaching the resistance line of a Ascending Triangle. It has touched this line numerous times in the last 5 days. If it tests this line again, it should do so in the next 13 hours.
GOLD approaching support of a Channel Down
GOLD is approaching the support line of a Channel Down. It has touched this line numerous times in the last 10 days. If it tests this line again, it should do so in the next 2 days.
SILVER has broken through resistance
SILVER has broken through a resistance line. It has touched this line at least twice in the last 7 days. This breakout may indicate a potential move to 23.3434 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
5 consecutive daily bearish candles on GOLD
GOLD has moved lower after 5 consecutive daily candles from 1942.4500 to 1916.5800 in the last 8 days.
SILVER has broken through resistance
SILVER has broken through a resistance line. It has touched this line at least twice in the last 2 days. This breakout may indicate a potential move to 23.6848 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 […]