Will SILVER have enough momentum to break resistance?
SILVER is heading towards the resistance line of a Canal ascendente and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we […]
What’s going on with SILVER?
Trend followers are probably eagerly watching SILVER to see if its latest 5 consecutive candles continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 8 day move.
Will GOLD have enough momentum to break resistance?
GOLD is heading towards the resistance line of a Cunha ascendente and could reach this point within the next 8 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we […]
A possible start of a bearish trend on SILVER
SILVER has broken through a support line of a Triângulo chart pattern. If this breakout holds true, we may see the price of SILVER testing 24.6758 within the next 11 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any […]
Will GOLD have enough momentum to break support?
GOLD is heading towards the support line of a Triângulo Descendente and could reach this point within the next 7 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we […]
Possible breach of support level by SILVER
SILVER is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If SILVER continues in its current trajectory, we could see it […]
Will GOLD have enough momentum to break resistance?
GOLD is heading towards the resistance line of a Cunha ascendente and could reach this point within the next 5 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we […]
SILVER – getting close to support of a Cunha ascendente
SILVER 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 2 days and may test it again within the next 13 hours.
Will GOLD have enough momentum to break resistance?
GOLD is heading towards the resistance line of a Triângulo and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could […]
Resistance line breached by SILVER
SILVER has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 24.5155 may materialize within the next 5 hours.