Soybeans MAY 2023 is heading towards 1518.7500 and could reach this point within the next 17 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Related Posts
Brent Crude is approaching a resistance line of a Rising Wedge. It has touched this line numerous times in the last 2 days.
Brent Crude is heading towards the resistance line of a Rising Wedge and could reach this point within…
Will Silver Spot break through the support level it tested before?
Silver Spot is heading towards a line of 29.3610. If this movement continues, the price of Silver Spot…
Gold Spot is signaling a possible trend reversal on the intraday charts with price not breaching support.
Gold Spot is trapped in a Triangle formation, implying that a breakout is Imminent. This is a great…