A final push expected on SILVER
SILVER is heading towards a price line of 25.5815 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 […]
GOLD – getting close to psychological price line
GOLD 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 15 days and may test it again […]
GOLD – getting close to psychological price line
GOLD 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 13 days and may test it again […]
Either a rebound or a breakout imminent on GOLD
GOLD is heading towards the resistance line of a Rising Wedge. If this movement continues, we expect the price of GOLD to test 1875.1850 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 […]
Should we expect a breakout or a rebound on SILVER?
The movement of SILVER towards 25.7880 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
GOLD – getting close to resistance of a Rising Wedge
GOLD is moving towards the resistance line of a Rising Wedge. 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 9 days and may test it again within […]
SILVER – getting close to resistance of a Rising Wedge
SILVER is moving towards the resistance line of a Rising Wedge. 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 4 days and may test it again within […]
GOLD experienced 3 consecutive daily bullish candles
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptionally large amount of consecutive bullishcandles on GOLD. The movement has happened over the last 4 days. For those trend followers among you, you may think about riding this trend.
Should we expect a bullish trend on SILVER?
The breakout of SILVER through the 25.6390 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of SILVER to test 26.2796 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation […]
Should we expect a bullish trend on GOLD?
The breakout of GOLD through the 1847.1000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of GOLD to test 1863.8820 within the next 18 hours. One should always be cautious before placing a trade, wait for confirmation […]