Gold Spot is heading towards the resistance line of a Channel Up. If this movement continues, the price of Gold Spot could test 2789.6804 within the next 22 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
ARTÍCULOS RELACIONADOS
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…