Breach of important price line imminent by SILVER
SILVER is moving towards a line of 24.2220 which it has tested numerous times in the past. We have seen it retrace from this position 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 […]
Either a rebound or a breakout imminent on GOLD
GOLD is heading towards the support line of a Cunha descendente. If this movement continues, the price of GOLD could test 1918.0200 within the next 7 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Possible breach of resistance level by GOLD
GOLD is moving towards a resistance 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 GOLD continues in its current trajectory, we could see it […]
SILVER approaching resistance of a Canal descendente
SILVER is approaching the resistance line of a Canal descendente. 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 19 hours.
A possible start of a bearish trend on GOLD
GOLD has broken through a support line of a Triângulo Descendente chart pattern. If this breakout holds true, we may see the price of GOLD testing 1910.9516 within the next 13 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking […]
SILVER approaching support of a Cunha descendente
SILVER is approaching the support line of a Cunha descendente. 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 11 hours.
Will SILVER have enough momentum to break resistance?
SILVER is heading towards the resistance line of a Triângulo Ascendente and could reach this point within the next 17 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 […]
GOLD broke through important 1941.1899 price line
GOLD has broken through a resistance line. It has touched this line numerous times in the last 11 days. This breakout shows a potential move to 1967.1130 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Either a rebound or a breakout imminent on SILVER
SILVER is heading towards a line of 24.7640. If this movement continues, the price of SILVER could test 24.7640 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
GOLD – getting close to support of a Cunha descendente
GOLD is moving towards a support line. 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 8 days and may test it again within the next 2 days.