The breakout of Gold DECEMBER 2020 through the support line of a Descending Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of Gold DECEMBER 2020 to test 1825.2308 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
Because Gold Spot formed a Inverse Head and Shoulders pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
Gold Spot is trapped in a Inverse Head and Shoulders formation, implying that a breakout is Imminent. This…
Brent Crude experienced a very large 20 hours bearish move to 70.947
Brent Crude has moved lower by 3.51% from 73.526 to 70.947 in the last 20 hours.
Silver Spot – approaching a price line that has been previously tested numerous times in the past
Silver Spot is heading towards a line of 31.8910. If this movement continues, the price of Silver Spot…