Possible breach of resistance level by GOLD
GOLD 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 GOLD continues in its current trajectory, we could see it […]
Big movement possible on SILVER
SILVER has broken through a line of 23.4600 and suggests a possible movement to 23.1105 within the next 3 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 […]
Either a rebound or a breakout imminent on GOLD
GOLD is heading towards the support line of a Canal ascendente. If this movement continues, the price of GOLD could test 1824.4647 within the next 3 days. 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 resistance of a Canal ascendente
SILVER is approaching the resistance line of a Canal ascendente. 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 21 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 […]
SILVER broke through important 24.1210 price line
SILVER has broken through a resistance line. It has touched this line numerous times in the last 21 days. This breakout shows a potential move to 24.8693 within the next 3 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
SILVER approaching resistance of a Triângulo
SILVER is approaching the resistance line of a Triângulo. 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 21 hours.
GOLD broke through important 1821.0900 price line
GOLD has broken through a resistance line. It has touched this line numerous times in the last 11 days. This breakout shows a potential move to 1836.2240 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
SILVER – getting close to resistance of a Triângulo Ascendente
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 10 days and may test it again within the next 2 days.
GOLD – getting close to psychological price line
GOLD is moving towards a support 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 3 days and may test it again within the next […]