Will GOLD have enough momentum to break support?
GOLD is heading towards the support line of a Cunha descendente and could reach this point within the next 11 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 […]
What’s going on with SILVER?
Those of you that are trend followers are probably eagerly watching SILVER to see if its latest 15,84% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 23 days move.
Should we expect a bearish trend on GOLD?
The breakout of GOLD through the support line of a Triângulo could be a sign of the road ahead. If this breakout persists, we may see the price of GOLD testing 1855.8094 within the next 2 days.
Should we expect a breakout or a rebound on SILVER?
The movement of SILVER towards the support line of a Cunha descendente is yet another test of the line it reached numerous times in the past. This line test could happen in the next 13 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]
Will GOLD have enough momentum to break support?
GOLD is heading towards the support line of a Cunha descendente 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 has broken through resistance
SILVER has broken through a resistance line. It has touched this line at least twice in the last 6 days. This breakout may indicate a potential move to 23.4053 within the next 9 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 resistance
GOLD has broken through a resistance line. It has touched this line at least twice in the last 13 days. This breakout may indicate a potential move to 1909.3746 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 […]
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 Canal descendente 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 […]
What’s going on with SILVER?
Those of you that are trend followers are probably eagerly watching SILVER to see if its latest 1,84% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 7 hours move.