Possibility of big movement expected on SILVER
SILVER has broken through a resistance line of a Cunha descendente and suggests a possible movement to 22.6214 within the next 9 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 […]
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 5 days. If it tests this line again, it should do so in the next 13 hours.
Huge bullish move on SILVER
SILVER has moved higher by 4% from 22.461 to 23.359 in the last 3 days.
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 10 days. If it tests this line again, it should do so in the next 3 days.
Huge bullish move on GOLD
GOLD has moved higher by 1,57% from 1775.37 to 1803.33 in the last 13 hours.
What’s going on with SILVER?
Those of you that are trend followers are probably eagerly watching SILVER to see if its latest 4,1% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 20 hours move.
GOLD broke through important 1759.0100 price line
GOLD has broken through a resistance line. It has touched this line numerous times in the last 6 days. This breakout shows a potential move to 1767.8240 within the next 19 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 resistance?
SILVER is heading towards the resistance line of a Triângulo 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 could […]
Breach of important price line imminent by GOLD
GOLD is moving towards a line of 1767.6801 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 […]
Either a rebound or a breakout imminent on GOLD
GOLD is heading towards a line of 1758.6400. If this movement continues, the price of GOLD could test 1758.6400 within the next 2 days. 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.