The movement of Gold Spot towards the resistance line of a Channel Down is yet another test of the line it reached numerous times in the past. This line test could happen in the next 7 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.
ARTÍCULOS RELACIONADOS
Natural Gas seems to be on its way to resistance – a possible opportunity?
A strong resistance level has been identified at 3.4615 on the 30 Minutes Natural Gas chart. Natural Gas…
Important resistance line being approached by Natural Gas. This price has been tested numerous time in the last 5 days
A Channel Down pattern was identified on Natural Gas at 3.3885, creating an expectation that it may move…
Gold Spot is approaching a support line of a Falling Wedge. It has touched this line numerous times in the last 8 days.
Gold Spot is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a…