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 9.79% move on GOLD. The movement has happened over the last 53 days. For those trend followers among you, you may think about riding this possible trend.
Breach of important price line imminent by SILVER
SILVER is moving towards a line of 23.1950 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If SILVER continues in its current trajectory, we […]
Possibility of big movement expected on GOLD
GOLD has broken through a resistance line of a Triangle and suggests a possible movement to 1888.1014 within the next 6 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 back […]
Either a rebound or a breakout imminent on SILVER
SILVER is heading towards a line of 24.2930. If this movement continues, the price of SILVER could test 24.2930 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
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 […]
Either a rebound or a breakout imminent on SILVER
SILVER is heading towards the support line of a Falling Wedge. If this movement continues, the price of SILVER could test 22.8318 within the next 2 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.
Breach of important price line imminent by SILVER
SILVER is moving towards a line of 24.1930 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If SILVER continues in its current trajectory, we […]
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 Channel Up. 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.