- trademark replied Apr 17, 2019
Gold pulls back to the 1267 zone where we can find the 200 week EMA, the 55 month EMA and the 200 day EMA. The zone may act as a support. To the downside, the 1200 level may act as support and to the upside, the 1300 level may act as resistance.
- trademark replied Mar 12, 2019
Gold tries to rally and breaks above the 1300 level. Gold may find a resistance around the current zone, but to the upside, its next resistance is at the 1346 level.
- trademark replied Jan 29, 2019
Gold takes off again and breaks above the 1300 level and it could reach the 76.4% Fibo at the 1318 level.
- trademark replied Jan 8, 2019
Breakout-pullback pattern on silver. The breakout-pullback pattern is formed when the price of an asset breaks a support or resistance level to then pull back to the same level and continue in direction of the initial breakout. The breakout-pullback ...
- trademark replied Dec 13, 2018
Silver is heading higher. The price of silver has been consolidating between the 14.00 level and the 15.00 level during the past 5 months as shown on the daily chart. The current consolidation ends with the bearish trend on this timeframe. The ...
- trademark replied Nov 16, 2018
The 55 day EMA around the 1216 level was not able to hold the price of gold, which breaks that zone to the upside. Gold may continue higher towards the 200 day EMA around the 1244 level. To the downside, the 1200 level may act as support.
- trademark replied Nov 10, 2018
Gold drops below the 55 day EMA at the 1218 to the 1209 if it continues dropping, the 1200 level may act as support. Below the 1200, its next support level could be the 1180 zone. To the upside, the 200 day EMA around the 1246 level may act as ...
- trademark replied Nov 7, 2018
Gold narrows its range. After breaking above the 55 day EMA at the 1218 level, gold consolidates and starts a sideways movement for approximately one month, until it narrowed its range little by little. The price of gold consolidates just between ...
- trademark replied Oct 23, 2018
Gold tried to break out of the current consolidation around the 1231 level, but it has lost some bullish momentum. To the upside, gold may find a resistance around its 200 day EMA at the 1248 level. To the downside its most relevant support is at ...
- trademark replied Oct 17, 2018
Gold consolidates around the 1222 level and forms what it appears to be a flag or pennant pattern. From the current level, the price of gold may head in any direction even though it is trying to keep its bullish momentum. To the upside, the 200 day ...
- trademark replied Sep 27, 2018
The price of silver is still consolidated around the 14.31 level, with a good support at the 14.00 level. Despite the current consolidation, the bearish trend is still in place on silver, at least on the daily chart. From the current congestion area ...
- trademark replied Sep 17, 2018
Consolidation on gold continues. The precious metal keeps consolidating between the 1187 level as support and the 1214 level as resistance. Gold has been consolidating for the last twenty sessions in the same area as shown on the daily chart. Just ...
- trademark replied Sep 4, 2018
Silver has broken below the 14.31 level and reaches the 14.00 level, which could act as support as shown on the daily chart. The rally on the Dollar and the trade war between the US and China has pressured the commodities sector and the precious and ...
- trademark replied Aug 24, 2018
Gold tried to complete a breakout-pullback pattern on the daily chart, around the 1200 level, but it couldn’t continue falling after yesterday’s session. Today the price of gold breaks above the 1200 level and accelerates its bullish momentum. The ...
- trademark replied Mar 1, 2017
Gold has retraced very close to its 200 day EMA, around the 1232 level, but it gains bullish momentum again and it is trying to go back to the bullish trend. Its next resistance could be the 1266 level.
- trademark replied Aug 23, 2016
Very interesting information, good.
- trademark replied Aug 1, 2016
Gold could find a resistance at the latest high at the 1375 level and support at the 1300 level.
- trademark replied Jul 6, 2016
Gold made a high around the 1375 level and stops momentarily, but it may continue higher, especially if risk aversion continues in the markets. The first support could be the 1358 level.
- trademark replied Jul 5, 2016
Good rally on gold, the nearest support is the 1315 level and the resistance is the 1358.
- trademark replied Jun 27, 2016
Gold stays consolidated with no real direction. The 1300 level may still be acting as support and the 1358 could act as resistance.