Big movement possible on GOLD
GOLD has broken through a line of 1858.9800 and suggests a possible movement to 1852.3960 within the next 6 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back […]
SILVER approaching support of a Cunha descendente
SILVER is approaching the support line of a Cunha descendente. It has touched this line numerous times in the last 9 days. If it tests this line again, it should do so in the next 18 hours.
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 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 broke through important 1880.1700 price line
GOLD has broken through a resistance line. It has touched this line numerous times in the last 2 days. This breakout shows a potential move to 1890.0150 within the next 7 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Important price line breached by SILVER
SILVER has broken through 22.4970 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 22.6390 within the next 13 hours.
Will GOLD have enough momentum to break resistance?
GOLD is heading towards the resistance line of a Canal ascendente 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 […]
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 […]
What’s going on with GOLD?
Those of you that are trend followers are probably eagerly watching GOLD to see if its latest 0,66% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 12 hours move.
Possibility of big movement expected on SILVER
SILVER has broken through a support line of a Canal ascendente and suggests a possible movement to 22.0193 within the next 12 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement […]
What’s going on with GOLD?
Those of you that are trend followers are probably eagerly watching GOLD to see if its latest 2,7% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 19 hours move.