Resistance levels: 17,23 + 17,67 + 17,91 Support levels: : 16,96 + 16,60 + 16,26 Retrospective view : Since the beginning of July, silver has been in a further upward trend, which started just below the USD 14.50 mark and initially pushed the value above the USD 17.91. Silver began a strong correction in September, which found support at 16.26 USD. Starting...
Resistance levels: 1.325 + 1.355 + 1.375 Support levels: 1.296 + 1.285 + 1.264 Outlook 2017-09-20: Gold finds itself at a pivotal point, where the market will establish a direction. The general context remains bullish in mid-term. Gold has been dominated by bullish market participants since beginning July 2017. It consecutively triggered further buy signals...
Resistance levels: 1,355 + 1,375 +1,400 Support levels: 1,325 + 1,295 + 1,285 Outlook 2017-09-07 : Gold has generated a mid-term buy signal at $ 1,296 and confirmed the signal by soaring above $ 1325. The upside potential of Gold has not yet been exhausted. Facts: The bulls provided enough buying power to support $1,199 and put an end to the downside...
Price action shows pullback which would confirm the inverse S H S and further a increasing gold price.
I already posted this chart 2 days ago.(privately) We may see a continuation of the recent bullish price movement given that the inverse S H S will be confirmed positively. What do you think?