The breakout of Gold AUGUST 2020 through the resistance line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of Gold AUGUST 2020 to test 1984.6925 within the next 11 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
After testing 66.9420 numerous times, US Oil has finally broken through. Can we expect a bullish trend to follow?
US Oil has broken through a line of 66.9420 and suggests a possible movement to 67.9482 within the…
After experiencing 7 consecutive daily bullish candles in the space of 8 days, nobody knows where Silver Spot is headed.
Due to the rate of consecutive bullish candles on Silver Spot Daily chart we could be in for…
Gold Spot is approaching 3381.6589. We expect either a breakout through this line, or a rebound.
Gold Spot is moving towards a line of 3381.6589 which it has tested numerous times in the past.…