Possible breach of support level by SILVER
SILVER is moving towards a support 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 SILVER continues in its current trajectory, we could see it […]
Possible start of a bearish trend on GOLD
GOLD has broken through a line of 1924.0000. If this breakout holds true, we could see the price of GOLD heading towards 1902.8571 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any […]
Should we expect a bearish trend on SILVER?
The breakout of SILVER through the 25.2450 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, SILVER could test 24.8081 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
GOLD approaching support of a Canal ascendente
GOLD is approaching the support line of a Canal ascendente. 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.
Possibility of big movement expected on GOLD
GOLD has broken through a support line of a Canal ascendente and suggests a possible movement to 1944.0072 within the next 11 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement […]
SILVER – getting close to resistance of a Triângulo
SILVER is moving towards a resistance 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 3 days and may test it again within the next 16 hours.
Either a rebound or a breakout imminent on GOLD
GOLD is heading towards a line of 1928.9500. If this movement continues, the price of GOLD could test 1928.9500 within the next 22 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.
Should we expect a bearish trend on SILVER?
The breakout of SILVER through the support line of a Triângulo could be a sign of the road ahead. If this breakout persists, we may see the price of SILVER testing 24.5252 within the next 8 hours.
Possible breach of support level by GOLD
GOLD is moving towards a support 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 […]
Should we expect a breakout or a rebound on SILVER?
The movement of SILVER towards 26.1380 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.