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BEARISH FLAG
Platinum
XPT/USD
4H
It seems like a bearish flag has been diagnosed.
A bearish flag denotes a chart indicator that typically identifies a bearish move in case if price collapses through the support line.
There is a probability of corrective downside to the 2050 zone.
ASCENDING CHANNEL
Crude Oil
USOIL
1H
An ascending channel is identified.
An ascending channel identifies that the price to go down once price collapses through the support line.
Crude-oil to accomodate towards the 90 level on a breach of 95.
PENNANT
Gold
XAU/USD
1D
There is a pennant distinguished.
Once price breaks down, the resulting move could signal the bulls have run out of steam.
Gold to head to the 5000 zone.
BEARISH FLAG
Brent Oil
UKOIL
1H
A bearish flag has been detected.
A bearish flag identifies a price indicator that often predicts an extension in the downward direction once price collapses through the support line.
A bearish move towards 96 looks probable.
RECTANGLE
Silver
XAG/USD
1H
There is a rectangle emerging.
A rectangle predicts that the price to go down in case if price breakdown occurs.
Silver to experience further corrective weakness to the 83 mark on impulse below 84.2.
ASCENDING CHANNEL
Silver
XAG/USD
4H
An ascending channel is close to being finished, silver needs a strong move as an indication of a breakdown.
An ascending channel is believed to be a useful chart pattern that often results in a break during an uptrending market if price breaks below support.
Corrective downside to 82 looks possible.
DESCENDING TRIANGLE
Platinum
XPT/USD
1H
There is a descending triangle detected and the price breaks out soon.
A descending triangle describes a reliable price indicator that identifies a bearish price move once price breaks out to the the downside.
Platinum could attempt a move to the 2120 mark.
BEARISH FLAG
Gold
XAU/USD
4H
A bearish flag forms, the price requires a move as a clue of a breakdown.
A bearish flag identifies that the price to go down in case if price breaks out to the the downside.
Gold to extend its setback to 5050 on a breach of 5110.
BULLISH FLAG
Gold
XAU/USD
1H
A bullish flag is recognized.
A bullish flag describes a compelling price action formation that is angled down that often spots extending an uptrend when price breaks out to the the upside.
A bullish move towards 5200 looks possible on a breach of 5190.
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