GOLD is on its way up
GOLD has experienced an exceptionally large movement higher by 3,24% from 1.868,43 to 1.928,95 in the last 2 days.
SILVER is on its way up
SILVER has experienced an exceptionally large movement higher by 1,38% from 21,851 to 22,152 in the last 19 hours.
GOLD is on its way down
GOLD has experienced an exceptionally large movement lower by 0,54% from 1.879,07 to 1.868,91 in the last 9 hours.
Possible breach of resistance level by SILVER
SILVER is moving towards a resistance 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 […]
Big movement possible on GOLD
GOLD has broken through a line of 1867.3101 and suggests a possible movement to 1888.8170 within the next 2 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back […]
SILVER has broken through support
SILVER has broken through a support line. It has touched this line at least twice in the last 2 days. This breakout may indicate a potential move to 21.7567 within the next 7 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
A possible start of a bearish trend on GOLD
GOLD has broken through a support line of a Cunha ascendente chart pattern. If this breakout holds true, we may see the price of GOLD testing 1847.2271 within the next 11 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking […]
What’s going on with SILVER?
Those of you that are trend followers are probably eagerly watching SILVER to see if its latest 1,15% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 8 hours move.
Important price line breached by SILVER
SILVER has broken through 21.0280 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, SILVER may be heading towards 21.2348 within the next 9 hours.
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 […]