Resistance line breached by GOLD

GOLD has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 1760.1310 may materialize within the next 5 hours.

Possibility of big movement expected on SILVER

SILVER has broken through a resistance line of a Cunha descendente and suggests a possible movement to 19.9728 within the next 5 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 […]

Big movement possible on GOLD

GOLD has broken through a line of 1765.0200 and suggests a possible movement to 1750.2120 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 […]