GOLD approaching support of a Triangle
GOLD is approaching the support line of a Triangle. It has touched this line numerous times in the last 8 days. If it tests this line again, it should do so in the next 23 hours.
SILVER approaching resistance of a Channel Down
SILVER is approaching the resistance line of a Channel Down. It has touched this line numerous times in the last 12 days. If it tests this line again, it should do so in the next 2 days.
Huge bearish move on GOLD
GOLD has moved lower by 0.94% from 1979.7 to 1961.06 in the last 21 hours.
GOLD broke through important 1975.0400 price line
GOLD has broken through a support line. It has touched this line numerous times in the last 5 days. This breakout shows a potential move to 1963.3870 within the next 15 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
SILVER – getting close to psychological price line
SILVER is moving towards a support 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 […]
SILVER approaching resistance of a Channel Down
SILVER is approaching the resistance line of a Channel Down. 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 6 hours.
SILVER approaching support of a Falling Wedge
SILVER is approaching the support line of a Falling Wedge. 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 5 hours.
GOLD approaching resistance of a Falling Wedge
GOLD is approaching the resistance line of a Falling Wedge. It has touched this line numerous times in the last 9 days. If it tests this line again, it should do so in the next 2 days.
SILVER has broken through resistance
SILVER 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 24.4540 within the next 9 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
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 2027.3304 within the next 7 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]