• Potential Rebound On Deck In Gold

    Potential Rebound On Deck In Gold

    In our entry that we posted last January 27 (kindly see it HERE), we noted that the price of spot gold or the XAUUSD pair would likely head north towards a minimum target of $1,350 given its breakout from an inverted head and shoulders pattern. Indeed, the yellow metal reached for the said objective and

  • Range Or Breakout Play Seen In Silver

    Range Or Breakout Play Seen In Silver

    I see two (2) possible plays to tackle the potential movement of the spot price of silver or the XAGUSD pair. As you can see from its chart, silver or gold’s Robin has been trading within a rectangle with a support at 19.000 and a resistance at 20.500 for a little more than 2 months