After dropping below 31.25 support to activate our morning scenario, the metal inclined again and currently testing the level and the breached ascending support as well. In general, trading remain ...
GOLD Support: - 1621.22(main). Break of the latter will give 1609.80, where a correction is possible. Then 1597.50, where a correction is also possible. Be there a strong impulse, we would see ...
Key support at $26.0700.Silver’s latest price capitulation is a painful reminder to the investment community that lightning can strike twice. Note, this marks the second time silver has crashed,...
The metal is trading within a descending broadening wedge formation, this pattern is bullish by nature and usually before breakouts price fails to reach the opposite side of the formation and a ...
GOLD Support: - 1654.76, 1642.50 and 1621.22(main). Break of the latter will give 1609.80, where a correction is possible. Then 1597.50, where a correction is also possible. Be there a strong impulse,...
Silver breached the awaited support level which is a horizontal support alongside the ascending support we mentioned previously, the metal printed an hourly closing below 31.25, however we ...
We have seen the metal consolidating below the pivotal previously breached support which turns into resistance now around 33.00; in fact, the area is a cluster of resistances among 32.30 and 33.50. ...
In May of 2010, immediately following the flash crash many investors started to become bearish (nervous) regarding their position in gold and equities. Once the general public became aware that the ...
Gold fell for the second time this week in New York as equities declined and gains in the dollar curbed demand for the precious metal as an alternative asset. Gold futures for December delivery ...
Global markets are in the midst of a predictable relief rally to the technical bear market that recently became actualized off of various topping patterns that were in force for most of 2011. It...