Gold April 2024 has broken through a support line of a Channel Up and suggests a possible movement to 2041.2822 within the next 10 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 7 days.
Gold April 2024 – breach of a trending support line that has been tested at least twice before.
