GOLD approaching support of a Canal ascendente
GOLD is approaching the support line of a Canal ascendente. It has touched this line numerous times in the last 4 days. If it tests this line again, it should do so in the next 19 hours.
Big movement possible on SILVER
SILVER has broken through a line of 23.5200 and suggests a possible movement to 23.1557 within the next 10 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 […]
A final push possible on GOLD
GOLD is heading towards 1918.4301 and could reach this point within the next 18 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
A final push possible on SILVER
SILVER is heading towards 23.7570 and could reach this point within the next 16 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
GOLD is on its way up
GOLD has experienced an exceptionally large movement higher by 10,4% from 1749.4 to 1931.27 in the last 63 days.
GOLD – getting close to resistance of a Cunha ascendente
GOLD is moving towards a resistance 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 3 days and may test it again within the next 13 hours.
Either a rebound or a breakout imminent on SILVER
SILVER is heading towards a line of 24.0280. If this movement continues, the price of SILVER could test 24.0280 within the next 14 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 rebounding.
GOLD – resistance line breached
GOLD has broken through the resistance 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 11 days and suggests a possible target level to […]
Possibility of big movement expected on SILVER
SILVER has broken through a support line of a Triângulo and suggests a possible movement to 23.4162 within the next 17 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 back […]
GOLD has broken through resistance
GOLD has broken through a resistance line. It has touched this line at least twice in the last 5 days. This breakout may indicate a potential move to 1918.7246 within the next 13 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]