Possible breach of resistance level by GOLD
GOLD is moving towards a resistance 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 GOLD continues in its current trajectory, we could see it […]
SILVER is on its way down
SILVER has experienced an exceptionally large movement lower by 3,19% from 21.144 to 20.356 in the last 18 hours.
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 1,68% move on GOLD. The movement has happened over the last 18 hours. For those trend followers among you, you may think about riding this possible trend.
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 2 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 […]
Possible breach of resistance level by SILVER
SILVER is moving towards a resistance 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 […]
Big movement possible on GOLD
GOLD has broken through a line of 1662.0601 and suggests a possible movement to 1656.7130 within the next 5 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 […]
Possibility of big movement expected on GOLD
GOLD has broken through a support line of a Cunha ascendente and suggests a possible movement to 1662.7639 within the next 11 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 […]
SILVER – psychological price line breached
SILVER has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 3 days and suggests a possible target level to be around 19.1425 within the next 12 […]
Possible breach of resistance level by GOLD
GOLD is moving towards a resistance 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 GOLD continues in its current trajectory, we could see it […]
SILVER approaching resistance of a Canal descendente
SILVER is approaching the resistance line of a Canal descendente. It has touched this line numerous times in the last 3 days. If it tests this line again, it should do so in the next 18 hours.