The movement of Gold June 2024 towards 2383.6001 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 14 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
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A final push possible on Brent Crude as it starts approaching a price line of 66.6405.
Brent Crude is moving towards a key resistance level at 66.6405. Brent Crude has previously tested this level…
US Oil broke through a resistance at 2025-05-06T02:00:00.000Z, with the price momentum continuing to move in an upward direction over the next hours, good opportunity presents itself with the price expected to reach 59.8855.
US Oil moved through the resistance line of a Channel Down at 58.05049999999999 on the 4 hour chart.…
Resistance line breached by Brent Crude. This price has been tested at least twice before.
This trade setup on Brent Crude is formed by a period of consolidation; a period in which the…