Should we expect a breakout or a rebound on SILVER?
The movement of SILVER towards the support line of a Triangle is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back […]
Should we expect a breakout or a rebound on GOLD?
The movement of GOLD towards the support line of a Channel Up is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 7 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
SILVER – getting close to resistance of a Triangle
SILVER is moving towards the resistance line of a Triangle. 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 3 days and may test it again within the […]
Should we expect a breakout or a rebound on GOLD?
The movement of GOLD towards the support line of a Channel Up is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 7 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
A final push expected on SILVER
SILVER is heading towards a price line of 26.1000 and could reach this point within the next 19 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see […]
Either a rebound or a breakout imminent on GOLD
GOLD is heading towards the support line of a Falling Wedge. If this movement continues, we expect the price of GOLD to test 1829.6000 within the next 18 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 […]
GOLD approaching important 1840.6100 price line
GOLD is approaching the support line of a Support. 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 12 hours.
SILVER – getting close to support of a Channel Up
SILVER is moving towards the support line of a Channel Up. 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 4 days and may test it again within […]
GOLD – getting close to psychological price line
GOLD is moving towards the support line of a Support. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 11 days and may test it again […]
Either a rebound or a breakout imminent on GOLD
GOLD is heading towards the resistance line of a Rising Wedge. If this movement continues, we expect the price of GOLD to test 1875.1850 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 […]