Gold Spot has broken through a resistance line of a Triangle chart pattern. If this breakout holds true, we may see the price of Gold Spot testing 2674.6046 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.
Related Posts
Important price line being approached by Brent Crude. This price has been tested numerous times before.
Brent Crude is moving towards a resistance line. Because we have seen it retrace from this level in…
US Oil formed a Channel Down on the 1 hour chart. Retest of resistance in sight.
US Oil is heading towards the resistance line of a Channel Down and could reach this point within…
Brent Crude is quickly approaching the support line of a Falling Wedge. We expect either a breakout through this line or a rebound.
Brent Crude is heading towards the support line of a Falling Wedge and could reach this point within…