Gold FEBRUARY 2020 has broken through a support line of a Rising Wedge and suggests a possible movement to 1541.9490 within the next 5 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 20 hours.
ARTÍCULOS RELACIONADOS
Supports and resistances are primary concepts of technical analysis. Brent Crude is heading for an important price of 69.5835 – read about what this could mean for the future.
Brent Crude is en route to a very important line that will be a definite deciding factor of…
A possible move on Natural Gas as it heads towards support
Natural Gas is moving towards a support line. Because we have seen it retrace from this line before,…
A final push possible on US Oil as it starts approaching a price line of 67.3445.
US Oil is heading towards a line of 67.3445. If this movement continues, the price of US Oil…