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 […]
Should we expect a bullish trend on GOLD?
The breakout of GOLD through the 1844.0601 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, GOLD could test 1880.6541 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Either a rebound or a breakout imminent on SILVER
SILVER is heading towards the resistance line of a Canal ascendente. If this movement continues, the price of SILVER could test 23.6870 within the next 7 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Huge bullish move on GOLD
GOLD has moved higher by 1,79% from 1.822,78 to 1.858,94 in the last 13 hours.
What’s going on with GOLD?
Those of you that are trend followers are probably eagerly watching GOLD to see if its latest 0,94% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 13 hours move.
Either a rebound or a breakout imminent on SILVER
SILVER is heading towards the resistance line of a Cunha ascendente. If this movement continues, the price of SILVER could test 23.4030 within the next 5 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Either a rebound or a breakout imminent on SILVER
SILVER is heading towards the resistance line of a Cunha ascendente. If this movement continues, the price of SILVER could test 23.2550 within the next 11 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
SILVER approaching important 22.6860 price line
SILVER is approaching the support line of a Apoiar. It has touched this line numerous times in the last 6 days. If it tests this line again, it could do so in the next 20 hours.
Will GOLD have enough momentum to break support?
GOLD is heading towards the support line of a Cunha ascendente and could reach this point within the next 9 hours. 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 […]
SILVER broke through important 22.6880 price line
SILVER has broken through a resistance line. It has touched this line numerous times in the last 7 days. This breakout shows a potential move to 23.0293 within the next 22 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.