GOLD broke through important 1951.0400 price line
GOLD has broken through a support line. It has touched this line numerous times in the last 11 days. This breakout shows a potential move to 1933.8199 within the next 3 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
GOLD approaching resistance of a Rising Wedge
GOLD 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 12 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 2 days. If it tests this line again, it should do so in the next 7 hours.
GOLD – getting close to psychological price line
GOLD is moving towards a support line. Because we have seen it retrace from this level in the past, 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 the next […]
SILVER has broken through resistance
SILVER has broken through a resistance line. It has touched this line at least twice in the last 3 days. This breakout may indicate a potential move to 23.5022 within the next 8 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
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 11 days. If it tests this line again, it should do so in the next 2 days.
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 5 days. If it tests this line again, it should do so in the next 14 hours.
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 8 days. If it tests this line again, it should do so in the next 19 hours.
Huge bearish move on GOLD
GOLD has moved lower by 1.11% from 1962.03 to 1940.16 in the last 12 hours.
SILVER approaching resistance of a Channel Down
SILVER is approaching the resistance line of a Channel Down. It has touched this line numerous times in the last 4 days. If it tests this line again, it should do so in the next 16 hours.