Soybean Oil March 2024 has broken through a resistance line of a Channel Down and suggests a possible movement to 46.9065 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 13 days.
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Because Silver Spot formed a Triangle pattern, we expect it to touch the support line. If it breaks through support it may move much lower
Silver Spot is trapped in a Triangle formation, implying that a breakout is Imminent. This is a great…
Gold Spot has broken through a resistance line. It has touched this line numerous times in the last 8 days.
Gold Spot has broken through a resistance line. It has touched this line numerous times in the last…
Gold Spot – approaching a support line that has been previously tested at least twice in the past
Gold Spot is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a…