SILVER – psychological price line breached
SILVER 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 8 days and suggests a possible target level to be around 21.4756 within the next 2 […]
Breach of important price line imminent by GOLD
GOLD is moving towards a line of 1846.0100 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If GOLD continues in its current trajectory, we […]
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 3 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 […]
GOLD approaching resistance of a Cunha ascendente
GOLD is approaching the resistance line of a Cunha ascendente. It has touched this line numerous times in the last 2 days. If it tests this line again, it should do so in the next 6 hours.
Huge bullish move on SILVER
SILVER has moved higher by 2,62% from 20.536 to 21.075 in the last 20 hours.
GOLD approaching support of a Cunha descendente
GOLD is approaching the support line of a Cunha descendente. 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.
Either a rebound or a breakout imminent on SILVER
SILVER is heading towards the support line of a Triângulo Descendente. If this movement continues, the price of SILVER could test 20.5318 within the next 18 hours. 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.
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 2,86% move on SILVER. The movement has happened over the last 20 hours. For those trend followers among you, you may think about riding this possible trend.
GOLD broke through important 1822.6100 price line
GOLD has broken through a support line. It has touched this line numerous times in the last 7 days. This breakout shows a potential move to 1812.7990 within the next 17 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Will SILVER have enough momentum to break support?
SILVER is heading towards the support line of a Cunha descendente and could reach this point within the next 14 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 […]