Soybeans May 2024 has broken through a resistance line. It has touched this line numerous times in the last 8 days. This breakout shows a potential move to 1167.6000 within the next 19 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Related Posts
Brent Crude formed a Channel Up on the 4 hour chart. Retest of support in sight.
Brent Crude is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a…
Important price line being approached by Natural Gas. This price has been tested numerous times before.
Natural Gas is approaching a support line at 3.6680. If it hits the support line, it may break…
Gold Spot – It’s perhaps in these huge moves where the greatest opportunity lies
Gold Spot has moved higher by 2.12% from 2604.44 to 2659.7 in the last 3 days.