Possible breach of support level by SILVER
SILVER 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 SILVER continues in its current trajectory, we could see it […]
Should we expect a breakout or a rebound on GOLD?
The movement of GOLD towards the support line of a Triângulo is yet another test of the line it reached numerous times in the past. This line test could happen in the next 10 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current […]
Either a rebound or a breakout imminent on GOLD
GOLD is heading towards the resistance line of a Cunha ascendente. If this movement continues, the price of GOLD could test 1906.7500 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.
Will SILVER have enough momentum to break support?
SILVER is heading towards the support line of a Cunha ascendente and could reach this point within the next 4 days. 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 […]
Either a rebound or a breakout imminent on GOLD
GOLD is heading towards the resistance line of a Cunha ascendente. If this movement continues, the price of GOLD could test 1901.1200 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.
GOLD – getting close to support of a Canal ascendente
GOLD is moving towards a support line. 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 7 days and may test it again within the next 2 days.
Huge bullish move on SILVER
SILVER has moved higher by 1,55% from 23,455 to 23,859 in the last 17 hours.
Should we expect a bullish trend on GOLD?
The breakout of GOLD through the 1873.5601 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, GOLD could test 1885.7280 within the next 12 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Important price line breached by SILVER
SILVER has broken through 23.4250 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, SILVER may be heading towards 23.8479 within the next 20 hours.
Should we expect a breakout or a rebound on GOLD?
The movement of GOLD towards 1856.2500 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 11 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.