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 13 days. If it tests this line again, it should do so in the next 2 days.
GOLD has broken through support
GOLD has broken through a support line. It has touched this line at least twice in the last 4 days. This breakout may indicate a potential move to 1949.7558 within the next 7 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
GOLD has broken through support
GOLD has broken through a support line. It has touched this line at least twice in the last 15 days. This breakout may indicate a potential move to 1931.9354 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
SILVER – getting close to psychological price line
SILVER 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 broke through important 24.6860 price line
SILVER has broken through a resistance line. It has touched this line numerous times in the last 5 days. This breakout shows a potential move to 24.8398 within the next 13 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
GOLD approaching resistance of a Rising Wedge
GOLD is approaching the resistance line of a Rising Wedge. 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 8 hours.
4 consecutive daily bearish candles on GOLD
GOLD has moved lower after 4 consecutive daily candles from 1978.6900 to 1954.6900 in the last 7 days.
SILVER approaching support of a Falling Wedge
SILVER is approaching the support line of a Falling Wedge. It has touched this line numerous times in the last 4 days. If it tests this line again, it should do so in the next 9 hours.
SILVER broke through important 24.7570 price line
SILVER has broken through a support line. It has touched this line numerous times in the last 4 days. This breakout shows a potential move to 24.6154 within the next 21 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
GOLD has broken through support
GOLD has broken through a support line. It has touched this line at least twice in the last 3 days. This breakout may indicate a potential move to 1967.7866 within the next 6 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]