ClearValue Team Insights
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GOLD Trying to Find Support in the Green Zone
GOLD had a strong selloff around April 11, and has been slightly bearish and neutral over the past few weeks. GOLD is trying to find support within the green zone between $2,277.73 and $2,295.02. If this support zone holds GOLD can trend up towards the red trendline around $2,567.50. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreSLV Struggling to Rebound After Rejection at $27.31
SLV had a strong rejection at the first price target, the green trendline at $27.31. SLV had numerous failed attempts to rebound, and continues to trade lower. The red trendline is a key price target of interest around $23.31. The red trendline has been a long-term resistance level dating back to March of 2011. SLV […]Read More
USOIL Selloff Above the Light Blue Channel
There was an attempted bullish breakout above the light blue channel, but this breakout failed and reentered the channel. The price is now approaching the lows of the channel near support around $76-77. ChartChamp socials: https://linktr.ee/realchartchamp
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