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FANION
Platinum
XPT/USD
1H
There is a pennant coming out, the price expects a next active move for clear breakout confirmation.
A pennant identifies a chart signal that can be used to identify a bearish price move when price breaks out.
Platinum accelerates losses to the 1590 zone as the commodity becomes bearish.
CANAL DESCENDANT
Brent Oil
UKOIL
1H
There is a descending channel identified.
A descending channel often spots an extension in the upward direction once price breaks through the resistance.
Brent-oil to strengthen towards 89 on a breach of 88 as the commodity becomes bullish.
FANION
Platinum
XPT/USD
4H
There is a pennant happening.
A pennant can be thought of as a useful bearish chart formation that often indicates that the price to go down in case if price breaks out to the the downside.
Platinum opens door for a move towards 1580.
CANAL DESCENDANT
Or
XAU/USD
1H
There is a descending channel observed, gold asks for a more active move for clear breakout confirmation.
A descending channel represents a specific bullish price signal that often spots a next move up when price breaks out.
Gold to increase bullish potential towards 4080 on a breach of 4070.
CANAL DESCENDANT
Or
XAU/USD
1H
As we can see a descending channel is close to being complete.
If price breaks out, the move could indicate a temporary interruption of an existing trend.
Gold to accomodate towards the 4040 mark on a upside break as gold challenges 4030 hurdle.
CANAL DESCENDANT
Argent
XAG/USD
1H
A descending channel has been detected, silver requires a strong bullish impulse as an indication of a breakout.
A descending channel describes a price indicator that predicts a move up in case if price breaks above resistance.
There is a possibility of a rangebound towards 58 on a breach of 57.8 as the commodity challenges 57.8 hurdle.
DRAPEAU HAUSSIER
Argent
XAG/USD
1H
A bullish flag arises.
A bullish flag identifies a chart formation that can be used to predict a next move up if price breaks above resistance.
It is likely that a move towards 57.5 will occur as extra rangebound not ruled out.
CANAL DESCENDANT
Crude Oil
USOIL
1H
It seems like a descending channel is close to being done and the price is breaking out.
A descending channel spots a downward trend is nearing its end once price breaks above resistance.
There is a probability of a bullish continuation towards 82 on a breakout of the descending channel as minor hurdle remains at 81.5.
CANAL DESCENDANT
Brent Oil
UKOIL
1H
It seems like a descending channel has been exposed, the price is ready to break out soon.
A descending channel is considered to be a reliable chart formation that is used to identify a next move up once price breaks out.
Brent-oil points to the upside towards the 88 level.
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