On the daily price action chart of the Silver market, price has made a quick re-trace and re-test of the old support and new resistance price flip. This comes after price broke lower and closed below after yesterday's session. This is a high probability price action pattern that we discuss …
Price Action Charts in Focus
Is Platinum About to Break a Major Price Action Level With an Engulfing Bar? | 25th May 2016
Price has fired off a Bearish Engulfing Bar (BEEB) on the 4-hour price action chart, breaking through both the major support price flip level and also the Very Big Round Number of 1000.00. On Monday I wrote here about this market, and how both this Very Big Round Number and price flip are going …
Is the ‘Very Big Round Number’ the Key to Price Flipping on Platinum? | 23rd May 2016
Price on the daily price action chart of the Platinum market has fired off an inside bar and moved down lower to make a test of the Very Big Round Number = VBRN 1000.00. This Very Big Round Number also aligns with a major daily support level which is so often the case and it is looking like it is …