Either a rebound or a breakout imminent on SILVER
SILVER is heading towards the resistance line of a Rising Wedge. If this movement continues, we expect the price of SILVER to test 26.1340 within the next 13 hours. 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 […]
Huge bullish move on GOLD
GOLD has moved higher by 2.05% from 1,679.95 to 1,715.34 in the last 2 days.
Where is SILVER moving to?
After posting 4 consecutive bearish candles in 7 days, you may start considering where SILVER is heading next, a continuation of the current downward trend, or a reversal in the previous direction.
GOLD approaching support of a Falling Wedge
GOLD is approaching the support line of a Falling Wedge. It has touched this line numerous times in the last 12 days. If it tests this line again, it should do so in the next 3 days.
SILVER has broken through resistance
SILVER has broken through the resistance line of a Channel Down. It has touched this line at least twice in the last 11 days. This breakout indicates a potential move to 26.4052 within the next 2 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of […]
GOLD approaching support of a Falling Wedge
GOLD is approaching the support line of a Falling Wedge. It has touched this line numerous times in the last 13 days. If it tests this line again, it should do so in the next 3 days.
Either a rebound or a breakout imminent on SILVER
SILVER is heading towards the resistance line of a Falling Wedge. If this movement continues, we expect the price of SILVER to test 26.9660 within the next 16 hours. 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 […]
Either a rebound or a breakout imminent on GOLD
GOLD is heading towards the resistance line of a Falling Wedge. If this movement continues, we expect the price of GOLD to test 1759.8300 within the next 23 hours. 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 […]
Either a rebound or a breakout imminent on SILVER
SILVER is heading towards the support line of a Falling Wedge. If this movement continues, we expect the price of SILVER to test 26.1370 within the next 2 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 […]
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 3.1% move on GOLD. The movement has happened over the last 15 hours. For those trend followers among you, you may think about riding this trend.