Gold February 2024 is heading towards 2034.0000 and could reach this point within the next 15 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Related Posts
Gold Spot formed a Rising Wedge on the 30 Minutes chart. Retest of resistance in sight.
Gold Spot is approaching the resistance line of a Rising Wedge. It has touched this line numerous times…
If you’re short Gold Spot you should be aware that 3333.1995 has just been breached – a level tested 6 time in the past
Gold Spot has broken through a resistance line. It has touched this line numerous times in the last…
A Channel Up has formed, Brent Crude is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
Brent Crude is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a…