Gold Spot has broken through a resistance line. It has touched this line at least twice in the last 3 days. This breakout may indicate a potential move to 2586.9621 within the next 11 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
If you’re long Natural Gas you should be aware of the rapidly approaching level of 2.3680
Natural Gas is heading towards a line of 2.3680. If this movement continues, the price of Natural Gas…
Important resistance line being approached by US Oil. This price has been tested numerous time in the last 2 days
US Oil is heading towards the resistance line of a Channel Up and could reach this point within…
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…