Gold DECEMBER 2023 has broken through a resistance line. It has touched this line at least twice in the last 15 days. This breakout may indicate a potential move to 1850.5391 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
An unexpected large move has occurred on Silver Spot Daily chart! Is this a sign of something new? What can we expect?
Silver Spot dropped sharply for 10 days – which is an excessively big movement for this instrument; exceeding…
Gold Spot hits 2981.4645 after a run of 5 consecutive daily candles spanning 6 days.
Gold Spot has experienced an exceptionally large amount of consecutive bearish candles to reach a price of 2981.4645…
A possible move on Natural Gas as it heads towards support
Natural Gas is approaching the support line of a Falling Wedge. It has touched this line numerous times…