Important price line breached by GOLD
GOLD has broken through a line of 1726.1500 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 1713.8910 can be expected within the next […]
Either a rebound or a breakout imminent on SILVER
SILVER is heading towards the resistance line of a Channel Down. If this movement continues, we expect the price of SILVER to test 26.2320 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 […]
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 14 days. If it tests this line again, it should do so in the next 3 days.
Should we expect a breakout or a rebound on SILVER?
The movement of SILVER towards the resistance line of a Flag 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 […]
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 1712.1234 can be expected within the next 2 days.
Either a rebound or a breakout imminent on SILVER
SILVER is heading towards the resistance line of a Channel Down. If this movement continues, we expect the price of SILVER to test 26.2320 within the next 7 hours. 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 […]
GOLD approaching support of a Triangle
GOLD is approaching the support line of a Triangle. It has touched this line numerous times in the last 10 days. If it tests this line again, it should do so in the next 2 days.
Either a rebound or a breakout imminent on SILVER
SILVER is heading towards the support line of a Triangle. If this movement continues, we expect the price of SILVER to test 25.8360 within the next 13 hours. 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 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 9 days. If it tests this line again, it should do so in the next 2 days.
SILVER approaching important 26.3450 price line
SILVER is approaching the resistance line of a Resistance. 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 2 days.