Will GOLD have enough momentum to break support?
GOLD is heading towards the support line of a Canal descendente and could reach this point within the next 3 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 […]
A possible start of a bearish trend on SILVER
SILVER has broken through a support line of a Canal ascendente chart pattern. If this breakout holds true, we may see the price of SILVER testing 21.2006 within the next 14 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking […]
GOLD has broken through resistance
GOLD has broken through a resistance line. It has touched this line at least twice in the last 12 days. This breakout may indicate a potential move to 1837.6602 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
Where is SILVER moving to?
A movement of 3,42% over 13 hours on SILVER doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current upward trend, or a reversal in the previous direction.
Will GOLD have enough momentum to break resistance?
GOLD is heading towards the resistance line of a Canal descendente 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 […]
What’s going on with SILVER?
Those of you that are trend followers are probably eagerly watching SILVER to see if its latest 18,49% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 27 days move.
Will GOLD have enough momentum to break support?
GOLD is heading towards the support line of a Canal descendente and could reach this point within the next 17 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 […]
Where is SILVER moving to?
A movement of 16,66% over 25 days on SILVER doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current downward trend, or a reversal in the previous direction.
SILVER has broken through resistance
SILVER has broken through a resistance line. It has touched this line at least twice in the last 6 days. This breakout may indicate a potential move to 21.9727 within the next 23 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
Will GOLD have enough momentum to break resistance?
GOLD is heading towards the resistance line of a Canal descendente and could reach this point within the next 13 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 […]