Soybean Meal MAY 2022 is heading towards 465.3000 and could reach this point within the next 8 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Related Posts
A possible move on Gold Spot as it heads towards support
Gold Spot is moving towards a support line. Because we have seen it retrace from this line before,…
An unexpected large move has occurred on Silver Spot Daily chart! Is this a sign of something new? What can we expect?
Silver Spot dropped sharply for 10 days – which is an excessively big movement for this instrument; exceeding…
Gold Spot hits 2981.4645 after a run of 5 consecutive daily candles spanning 6 days.
Gold Spot has experienced an exceptionally large amount of consecutive bearish candles to reach a price of 2981.4645…