Should we expect a bearish trend on SILVER?
The breakout of SILVER through the support line of a Canal ascendente could be a sign of the road ahead. If this breakout persists, we may see the price of SILVER testing 22.4238 within the next 23 hours.
GOLD experienced an exceptionally large movement
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 0,8% move on GOLD. The movement has happened over the last 8 hours. For those trend followers among you, you may think about riding this possible trend.
GOLD – support line breached
GOLD has broken through the support line of a Cunha ascendente technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 14 days and suggests a possible target level […]
What’s going on with SILVER?
Trend followers are probably eagerly watching SILVER to see if its latest 4 consecutive candles continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 8 day move.
Should we expect a breakout or a rebound on GOLD?
The movement of GOLD towards the support line of a Cunha ascendente is yet another test of the line it reached numerous times in the past. This line test could happen in the next 16 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]
Should we expect a breakout or a rebound on GOLD?
The movement of GOLD towards the support line of a Cunha ascendente is yet another test of the line it reached numerous times in the past. This line test could happen in the next 9 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]
Should we expect a breakout or a rebound on GOLD?
The movement of GOLD towards the resistance line of a Cunha ascendente is yet another test of the line it reached numerous times in the past. This line test could 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 […]
Will SILVER have enough momentum to break resistance?
SILVER is heading towards the resistance line of a Cunha ascendente and could reach this point within the next 2 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 […]
GOLD – getting close to psychological price line
GOLD is moving towards a resistance 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 approaching support of a Flâmula
SILVER is approaching the support line of a Flâmula. It has touched this line numerous times in the last 7 days. If it tests this line again, it should do so in the next 2 days.