Will SILVER have enough momentum to break support?
SILVER is heading towards the support line of a Canal descendente and could reach this point within the next 17 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 […]
GOLD – support line breached
GOLD has broken through the support line of a Triângulo technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 8 days and suggests a possible target level to […]
Should we expect a breakout or a rebound on SILVER?
The movement of SILVER towards 23.1290 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 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Should we expect a breakout or a rebound on GOLD?
The movement of GOLD towards the resistance line of a Canal ascendente is yet another test of the line it reached numerous times in the past. This line test could happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]
Will SILVER have enough momentum to break support?
SILVER is heading towards the support line of a Triângulo and could reach this point within the next 8 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 […]
Should we expect a breakout or a rebound on GOLD?
The movement of GOLD towards the support line of a Canal descendente is yet another test of the line it reached numerous times in the past. This line test could happen in the next 5 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]
Should we expect a breakout or a rebound on SILVER?
The movement of SILVER towards 22.9330 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 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
GOLD – psychological price line breached
GOLD has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 4 days and suggests a possible target level to be around 1833.5330 within the next 11 […]
SILVER is on its way up
SILVER has experienced an exceptionally large movement higher by 2,29% from 22,665 to 23,138 in the last 2 days.
What’s going on with GOLD?
Those of you that are trend followers are probably eagerly watching GOLD to see if its latest 1,06% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 22 hours move.