Where is GOLD moving to?
After posting 4 consecutive bullish candles in 7 days, you may start considering where GOLD is heading next, a continuation of the current upward trend, or a reversal in the previous direction.
Should we expect a breakout or a rebound on SILVER?
The movement of SILVER towards the support line of a Triangle is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back […]
Should we expect a breakout or a rebound on GOLD?
The movement of GOLD towards 1721.3400 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 17 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Either a rebound or a breakout imminent on SILVER
SILVER is heading towards the support line of a Triangle. If this movement continues, we expect the price of SILVER to test 25.3850 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 rebounding […]
Will GOLD have enough momentum to break support?
GOLD is heading towards the support line of a Channel Down and could reach this point within the next 19 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 […]
Either a rebound or a breakout imminent on SILVER
SILVER is heading towards the support line of a Channel Down. If this movement continues, we expect the price of SILVER to test 24.8300 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 […]
Should we expect a breakout or a rebound on GOLD?
The movement of GOLD towards 1740.5500 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Breach of important price line imminent by GOLD
GOLD is moving towards a line of 1706.4000 which it has tested numerous times in the past. We have seen it retrace from this positions 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 […]
Either a rebound or a breakout imminent on SILVER
SILVER is heading towards the support line of a Rising Wedge. If this movement continues, we expect the price of SILVER to test 25.6400 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 […]
Important price line breached by GOLD
GOLD has broken through a line of 1722.2800 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 1738.6560 can be expected within the next […]