Gold AUGUST 2023 is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 11 days and may test it again within the next 2 days.
Related Posts
Supports and resistances are primary concepts of technical analysis. Natural Gas is heading for an important price of 2.4455 – read about what this could mean for the future.
Natural Gas is heading towards a line of 2.4455. If this movement continues, the price of Natural Gas…
Gold Spot likely to test 2750.0200 in the near future. Where to next?
Gold Spot is moving towards a key resistance level at 2750.0200. This is a previously tested level for…
Silver Spot hits 31.187 after a 10.21% move spanning 17 days
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…