Soybeans March 2024 has broken through the support line of a Flag technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 14 days and suggests a possible target level to be around 1211.3279 within the next 12 hours.
Related Posts
If Gold Spot touches 3105.9299 it may be time to take action.
Gold Spot is heading towards 3105.9299 and could reach this point within the next 17 hours. It has…
Natural Gas is approaching a resistance line of a Triangle. It has touched this line numerous times in the last 17 days.
An emerging Triangle has been detected on Natural Gas on the 4 hour chart. There is a possible…
Silver Spot is approaching 34.2462. We expect either a breakout through this line, or a rebound.
Silver Spot is moving towards a key resistance level at 34.2462. This is a previously tested level for…