Gold DECEMBER 2023 is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 3 days and may test it again within the next 11 hours.
Related Posts
A Channel Down has formed, Brent Crude is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
Brent Crude is approaching the resistance line of a Channel Down. It has touched this line numerous times…
Big movement possible on Brent Crude after a breach of 66.2790
Brent Crude has broken through a support line. It has touched this line numerous times in the last…
Because Natural Gas formed a Channel Down pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
A Channel Down pattern was identified on Natural Gas at 2.7805, creating an expectation that it may move…