Breach of resistance line imminent by GOLD
GOLD is moving towards the resistance line of a Channel Up 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, […]
Breach of important price line imminent by SILVER
SILVER is moving towards a line of 27.2780 which it has tested numerous times in the past. We have seen it retrace from this positions 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 […]
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 7.16% move on GOLD. The movement has happened over the last 28 days. For those trend followers among you, you may think about riding this trend.
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 position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 1888.3616 can be expected within the next 9 hours.
Breach of important price line imminent by SILVER
SILVER is moving towards a line of 28.2850 which it has tested numerous times in the past. We have seen it retrace from this positions 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 […]
GOLD approaching resistance of a Ascending Triangle
GOLD is approaching the resistance line of a Ascending Triangle. It has touched this line numerous times in the last 5 days. If it tests this line again, it should do so in the next 11 hours.
Either a rebound or a breakout imminent on SILVER
SILVER is heading towards a line of 27.7900. If this movement continues, we expect the price of SILVER to test 27.7900 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 just like […]
SILVER approaching resistance of a Channel Up
SILVER is approaching the resistance line of a Channel Up. It has touched this line numerous times in the last 11 days. If it tests this line again, it should do so in the next 3 days.
GOLD approaching support of a Channel Up
GOLD is approaching the support line of a Channel Up. It has touched this line numerous times in the last 15 days. If it tests this line again, it should do so in the next 3 days.
SILVER 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 3.17% move on SILVER. The movement has happened over the last 2 days. For those trend followers among you, you may think about riding this trend.