Gold June 2024 has broken through a line of 2391.1001 and suggests a possible movement to 2413.4299 within the next 2 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 8 days.
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 heading towards the resistance line of a Inverse Head and Shoulders and could reach this…
Important price line being approached by Brent Crude. This price has been tested numerous times before.
Brent Crude is moving towards a key resistance level at 69.6870. Brent Crude has previously tested this level…
Interesting opportunity on Natural Gas after breaking 2.97175
This trade setup on Natural Gas is formed by a period of consolidation; a period in which the…