Huge bearish move on GOLD
GOLD has moved lower by 1,6% from 1669.66 to 1642.94 in the last 14 hours.
5 consecutive daily bearish candles on SILVER
SILVER has moved lower after 5 consecutive daily candles from 20.6680 to 18.8800 in the last 8 days.
Breach of important price line imminent by GOLD
GOLD is moving towards a line of 1673.6200 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 […]
SILVER approaching support of a Canal descendente
SILVER is approaching the support line of a Canal descendente. 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 10 hours.
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 […]
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 4 days. If it tests this line again, it should do so in the next 11 hours.
Huge bearish move on SILVER
SILVER has moved lower by 4,86% from 20.745 to 19.74 in the last 3 days.
Huge bearish move on GOLD
GOLD has moved lower by 1% from 1712.34 to 1695.68 in the last 11 hours.
Will GOLD have enough momentum to break resistance?
GOLD is heading towards the resistance line of a Triângulo 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 could […]
SILVER – getting close to support of a Triângulo
SILVER is moving towards a support 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 4 days and may test it again within the next 20 hours.