GOLD broke through important 1960.4100 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 1964.6200 within the next 11 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
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 4 days and may test it again within the next […]
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 16 days. If it tests this line again, it should do so in the next 3 days.
GOLD approaching support of a Channel Up
GOLD is approaching the support line of a Channel Up. It has touched this line numerous times in the last 9 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 2 days. This breakout may indicate a potential move to 24.5297 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 […]
SILVER approaching support of a Rising Wedge
SILVER is approaching the support line of a Rising Wedge. It has touched this line numerous times in the last 15 days. If it tests this line again, it should do so in the next 3 days.
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 19 days and may test it again within the next […]
SILVER approaching support of a Channel Up
SILVER is approaching the support line of a Channel Up. It has touched this line numerous times in the last 19 days. If it tests this line again, it should do so in the next 19 hours.
GOLD approaching resistance of a Ascending Triangle
GOLD is approaching the resistance line of a Ascending Triangle. It has touched this line numerous times in the last 15 days. If it tests this line again, it should do so in the next 3 days.
GOLD approaching resistance of a Ascending Triangle
GOLD is approaching the resistance line of a Ascending Triangle. It has touched this line numerous times in the last 15 days. If it tests this line again, it should do so in the next 3 days.