What’s going on with SILVER?
Those of you that are trend followers are probably eagerly watching SILVER to see if its latest 15,01% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 28 days move.
A possible start of a bearish trend on GOLD
GOLD has broken through a support line of a Cunha ascendente chart pattern. If this breakout holds true, we may see the price of GOLD testing 1690.1989 within the next 5 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking […]
SILVER is on its way up
SILVER has experienced an exceptionally large movement higher by 16,98% from 18.268 to 21.37 in the last 27 days.
GOLD – getting close to psychological price line
GOLD is moving towards a resistance line. Because we have seen it retrace from this level in the past, 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 4 days and may test it again within the next […]
Either a rebound or a breakout imminent on SILVER
SILVER is heading towards the resistance line of a Cunha ascendente. If this movement continues, the price of SILVER could test 21.3026 within the next 2 days. 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.
GOLD 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 3,77% move on GOLD. The movement has happened over the last 2 days. For those trend followers among you, you may think about riding this possible trend.
GOLD – getting close to psychological price line
GOLD is moving towards a resistance line. Because we have seen it retrace from this level in the past, 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 8 days and may test it again within the next […]
Possible start of a bearish trend on SILVER
SILVER has broken through a line of 19.0550. If this breakout holds true, we could see the price of SILVER heading towards 18.6430 within the next 22 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any […]
Possible start of a bearish trend on GOLD
GOLD has broken through a line of 1644.7200. If this breakout holds true, we could see the price of GOLD heading towards 1628.3929 within the next 18 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any […]
SILVER approaching support of a Canal ascendente
SILVER is approaching the support line of a Canal ascendente. It has touched this line numerous times in the last 14 days. If it tests this line again, it should do so in the next 2 days.