GOLD approaching resistance of a Channel Up
GOLD is approaching the resistance line of a Channel Up. It has touched this line numerous times in the last 6 days. If it tests this line again, it should do so in the next 18 hours.
SILVER approaching resistance of a Rising Wedge
SILVER is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 3 days. If it tests this line again, it should do so in the next 5 hours.
4 consecutive daily bearish candles on GOLD
GOLD has moved lower after 4 consecutive daily candles from 1912.7000 to 1888.5600 in the last 5 days.
SILVER broke through important 22.8030 price line
SILVER has broken through a resistance line. It has touched this line numerous times in the last 8 days. This breakout shows a potential move to 22.9833 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.
GOLD approaching support of a Channel Down
GOLD is approaching the support line of a Channel Down. It has touched this line numerous times in the last 11 days. If it tests this line again, it should do so in the next 2 days.
SILVER approaching support of a Channel Down
SILVER is approaching the support line of a Channel Down. It has touched this line numerous times in the last 13 days. If it tests this line again, it should do so in the next 3 days.
GOLD approaching support of a Channel Down
GOLD is approaching the support line of a Channel Down. It has touched this line numerous times in the last 6 days. If it tests this line again, it should do so in the next 23 hours.
SILVER broke through important 22.5620 price line
SILVER has broken through a support line. It has touched this line numerous times in the last 4 days. This breakout shows a potential move to 22.3885 within the next 6 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
SILVER broke through important 22.6410 price line
SILVER has broken through a support line. It has touched this line numerous times in the last 6 days. This breakout shows a potential move to 22.5148 within the next 14 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
GOLD approaching support of a Falling Wedge
GOLD is approaching the support line of a Falling 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.