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Silver: Ascending Triangle
XAG/USD,
1 hour
SHORT
27 hours ago
An ascending triangle happens.
An ascending triangle is a bearish chart pattern that is angled up that spots that the price to go short when price collapses through the support line.
Extra downside to the 58 mark looks possible on a breach of 58.3 as silver failes to keep gains.
Brent Oil: Falling Wedge
UKOIL,
4 hours
LONG
Oct 17
There is a falling wedge exposed.
A falling wedge represents a specific chart pattern that is used to indicate a bullish move once price breaks out to the the upside.
Brent-oil to recover bullish potential to 62.
Platinum: Descending Channel
XPT/USD,
4 hours
LONG
Oct 14
There is a descending channel determined and platinum asks for more push up as a verification of a breakout.
A descending channel results in a bullish move when price breaks through the resistance.
Platinum to prolong the growth phase towards 1700.
Platinum: Descending Channel
XPT/USD,
1 day
LONG
Nov 29
There is a descending channel diagnosed, XPT/USD needs a further strong move as a verification of a breakout.
In case if price breaks through the resistance, the move could predict a bullish price move.
There is a possibility of a bullish push up towards the 960 zone as bulls seeking a new high.
Platinum: Descending Triangle
XPT/USD,
1 hour
LONG
Oct 30
A descending triangle emerges and XPT/USD calls for a bigger bullish impulse as a clue of a breakout.
A descending triangle suggests a bullish chart formation that typically spots a bullish price action when price breaks through the resistance.
XPT/USD to continue the appreciation trend towards 920 on a upside break.
Gold: Symmetrical Triangle
XAU/USD,
1 day
LONG
Aug 27
There is a symmetrical triangle spotted and gold wants a next bullish impulse as proof of a breakout.
A symmetrical triangle is considered to be a technical chart pattern that often results in that the price to go long once price breaks through the resistance.
There is a possibility of a bullish run towards the 3450 mark on a breakout of the symmetrical triangle.
Platinum: Rectangle
XPT/USD,
1 hour
LONG
Mar 10
There is a rectangle found and the price is about to break out now.
A rectangle often indicates an extension in the upward direction when price breaks out.
There is a probability of a further move to the 965 mark.
Silver: Ascending Channel
XAG/USD,
4 hours
SHORT
Oct 21
An ascending channel pops up.
An ascending channel depicts a reliable signal that often signals a move down in case if price breaks through the support.
Silver to push down towards the 50 zone.
Silver: Descending Channel
XAG/USD,
1 hour
LONG
Dec 13
A descending channel is nearing completion, the price demands a bigger bullish impulse as an indication of a breakout.
A descending channel is a pattern that predicts a next move up when price breaks above resistance.
XAG/USD is bullish and en route to 23 amid rising bets for the move.
Silver: Descending Channel
XAG/USD,
1 hour
LONG
Aug 18
We can see that the price completes a descending channel and the price expects a more bullish continuation for clear breakout confirmation.
A descending channel is a technical pattern with a downward bias that is used to indicate a bullish price action if price breaks through the resistance.
It is not ruled out that a bullish push up to the 22.9 mark will occur on a breach of 22.78.
Silver: Ascending Triangle
XAG/USD,
1 hour
SHORT
24 hours ago
There is an ascending triangle identified.
An ascending triangle is considered to be a bearish indicator that indicates a sharp decline when price breaks out to the the downside.
Silver set to extend its decline to the 57.5 level on a breakout of the ascending triangle.
Crude Oil: Ascending Channel
USOIL,
1 hour
SHORT
Oct 11
It looks like the price establishes an ascending channel and the price is ready to break out.
An ascending channel often identifies an interruption of an uptrend once price breakdown occurs.
USOIL turns bearish to the 85.6 zone as indicators turn bearish.