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FTSE 100 likely to test 8545.2598 in the near future. Where to next?

FTSE 100 is heading towards a line of 8545.2598. If this movement continues, the price of FTSE 100 could test 8545.2598 within the next 14 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.

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Gold Spot is quickly approaching the support line of a Flag. We expect either a breakout through this line or a rebound.

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