Big movement expected on SILVER
SILVER has broken through a resistance line of a Triangle and suggests a possible movement to 26.1359 within the next 15 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement […]
GOLD approaching support of a Channel Down
GOLD is approaching the support line of a Channel Down. 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 19 hours.
Where is SILVER moving to?
After posting 6 consecutive bearish candles in 9 days, you may start considering where SILVER is heading next, a continuation of the current downward trend, or a reversal in the previous direction.
Either a rebound or a breakout imminent on GOLD
GOLD is heading towards the support line of a Falling Wedge. If this movement continues, we expect the price of GOLD to test 1760.1300 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 […]
Where is SILVER moving to?
After posting 5 consecutive bearish candles in 8 days, you may start considering where SILVER is heading next, a continuation of the current downward trend, or a reversal in the previous direction.
Either a rebound or a breakout imminent on GOLD
GOLD is heading towards the support line of a Falling Wedge. If this movement continues, we expect the price of GOLD to test 1767.1900 within the next 7 hours. 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 […]
SILVER experienced 4 consecutive daily bearish candles
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptionally large amount of consecutive bearishcandles on SILVER. The movement has happened over the last 7 days. For those trend followers among you, you may think about riding this trend.
Either a rebound or a breakout imminent on GOLD
GOLD is heading towards the support line of a Channel Down. If this movement continues, we expect the price of GOLD to test 1775.9200 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 […]
Big movement expected on SILVER
SILVER has broken through a line of 27.7420 and suggests a possible movement to 28.0355 within the next 23 hours. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement […]
Breach of support line imminent by GOLD
GOLD is moving towards the support line of a Falling Wedge 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, […]