Support line breached by SILVER
SILVER has broken through the support line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 27.1775 can be expected within the next 2 days.
SILVER – getting close to psychological price line
SILVER is moving towards the support line of a Support. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 20 days and may test it again […]
GOLD has broken through resistance
GOLD has broken through the resistance line of a Triangle. It has touched this line at least twice in the last 10 days. This breakout indicates a potential move to 1915.9302 within the next 2 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the […]
SILVER – psychological price line breached
SILVER has broken through the resistance line of a Resistance. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 14 days and suggests a target line to be around 28.5142 within the […]
A start of a bearish trend on GOLD
GOLD has broken through a line of 1881.5601. If this breakout holds true, we expect the price of GOLD to test 1860.6760 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.
Big movement expected on SILVER
SILVER has broken through a resistance line of a Triangle and suggests a possible movement to 28.2378 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement […]
Breach of support line imminent by GOLD
GOLD is moving towards the support line of a Triangle 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 GOLD continues in its current trajectory, we […]
A final push expected on SILVER
SILVER is heading towards a price line of 27.8720 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 could see […]
Support line breached by GOLD
GOLD has broken through the support line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 1884.6867 can be expected within the next 13 hours.
Breach of important price line imminent by SILVER
SILVER is moving towards a line of 27.2360 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If SILVER continues in its current trajectory, we […]