Either a rebound or a breakout imminent on SILVER
SILVER is heading towards a line of 26.2450. If this movement continues, we expect the price of SILVER to test 26.2450 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like […]
Where is GOLD moving to?
A movement of 7.29% over 30 days on GOLD doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current downward trend, or a reversal in the previous direction.
A start of a bearish trend on GOLD
GOLD has broken through a line of 1772.4399. If this breakout holds true, we expect the price of GOLD to test 1758.7640 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.
SILVER approaching support of a Triangle
SILVER is approaching the support line of a Triangle. It has touched this line numerous times in the last 8 days. If it tests this line again, it should do so in the next 2 days.
SILVER approaching resistance of a Rectangle
SILVER is approaching the resistance line of a Rectangle. It has touched this line numerous times in the last 5 days. If it tests this line again, it should do so in the next 18 hours.
Should we expect a bullish trend on GOLD?
The breakout of GOLD through the resistance line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of GOLD to test 1810.3624 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any […]
Either a rebound or a breakout imminent on SILVER
SILVER is heading towards a line of 25.7480. If this movement continues, we expect the price of SILVER to test 25.7480 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like […]
Either a rebound or a breakout imminent on GOLD
GOLD is heading towards a line of 1787.7600. If this movement continues, we expect the price of GOLD to test 1787.7600 within the next 23 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like […]
A final push expected on SILVER
SILVER is heading towards a price line of 26.0660 and could reach this point within the next 15 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 could see […]
GOLD approaching support of a Head and Shoulders
GOLD is approaching the support line of a Head and Shoulders. 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 13 hours.