GOLD approaching resistance of a Inverse Head and Shoulders
GOLD is approaching the resistance line of a Inverse Head and Shoulders. It has touched this line numerous times in the last 20 days. If it tests this line again, it should do so in the next 3 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 2 days. If it tests this line again, it should do so in the next 11 hours.
GOLD has broken through support
GOLD has broken through a support line. It has touched this line at least twice in the last 6 days. This breakout may indicate a potential move to 1921.3553 within the next 21 hours. 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 14 days and may test it again within the next […]
GOLD broke through important 1922.7900 price line
GOLD has broken through a resistance line. It has touched this line numerous times in the last 4 days. This breakout shows a potential move to 1929.9470 within the next 7 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
SILVER broke through important 22.8230 price line
SILVER has broken through a resistance line. It has touched this line numerous times in the last 12 days. This breakout shows a potential move to 23.1539 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
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 16 days and may test it again within the next […]
SILVER broke through important 22.4890 price line
SILVER has broken through a support line. It has touched this line numerous times in the last 9 days. This breakout shows a potential move to 22.0945 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
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 14 days. If it tests this line again, it should do so in the next 3 days.
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 2 days and may test it again within the next […]