Gold Spot is heading towards the support line of a Channel Down. If this movement continues, the price of Gold Spot could test 2549.4960 within the next 3 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Related Posts
Brent Crude seems to be on its way to resistance – a possible opportunity?
The price of Brent Crude in heading back to the resistance area. It is possible that it will…
After experiencing a 1.98% bearish move in the space of 15 hours, nobody knows where Gold Spot is headed.
Those of you that are trend followers are probably eagerly watching Gold Spot to see if its latest…
After testing the support line numerous times, Silver Spot is once again approaching this line. Can we expect a bearish trend to follow?
Silver Spot is approaching the support line of a Falling Wedge. It has touched this line numerous times…