Gold FEBRUARY 2020 is heading towards a price line of 1582.6000 and could reach this point within the next 14 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.
Related Posts
Supports and resistances are primary concepts of technical analysis. Brent Crude is heading for an important price of 66.8725 – read about what this could mean for the future.
Brent Crude is moving towards a support line. Because we have seen it retrace from this level in…
After testing the support line numerous times, Gold Spot is once again approaching this line. Can we expect a bearish trend to follow?
Gold Spot was identified at around 3529.325 having recently rebounded of the resistance on the 1 hour data…
A possible move on Brent Crude as it heads towards resistance
Emerging Channel Up pattern in its final wave was identified on the Brent Crude 1 hour chart. After…