SILVER approaching resistance of a Channel Up
SILVER 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.
Resistance line breached by GOLD
GOLD has broken through the resistance 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 1795.0855 can be expected within the next 6 hours.
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 6 days and may test it again within […]
Resistance line breached by GOLD
GOLD has broken through the resistance 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 1830.1866 can be expected within the next 11 hours.
Either a rebound or a breakout imminent on GOLD
GOLD is heading towards the resistance line of a Triangle. If this movement continues, we expect the price of GOLD to test 1855.4900 within the next 21 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 […]
Big movement expected on SILVER
SILVER has broken through a line of 27.3085 and suggests a possible movement to 27.7135 within the next 20 hours. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement […]
Either a rebound or a breakout imminent on SILVER
SILVER is heading towards the resistance line of a Triangle. If this movement continues, we expect the price of SILVER to test 27.5345 within the next 3 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 […]
Big movement expected on GOLD
GOLD has broken through a line of 1828.9500 and suggests a possible movement to 1797.9355 within the next 3 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement […]
Will SILVER have enough momentum to break support?
SILVER is heading towards the support line of a Triangle and could reach this point within the next 4 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 […]
GOLD is on its way up
GOLD has experienced an exceptionally large amount of consecutive bullish candles. to reach a price of 1838.2500 in the last 6 days.