A Channel Up pattern was identified on Gold Spot at 2619.11, creating an expectation that it may move to the support line at 2600.1681. It may break through that line and continue the bearish trend or it may reverse from that line.
Related Posts
Brent Crude is quickly approaching a very important level it has previously tested numerous times in the past
Brent Crude is en route to a very important line that will be a definite deciding factor of…
US Oil is signaling a possible trend reversal on the intraday charts with price not breaching support.
The movement of US Oil towards the resistance line of a Channel Down is yet another test of…
Breach of resistance could mean a start of a bullish trend on Gold Spot
Gold Spot has broken through the resistance line which it has tested twice in the past. We have…