Gold DECEMBER 2023 has broken through a resistance line. It has touched this line numerous times in the last 4 days. This breakout shows a potential move to 2000.1400 within the next 7 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Related Posts
Gold Spot formed a Channel Down on the 4 hour chart. Retest of support in sight.
Gold Spot is moving towards a support line which it has tested numerous times in the past. We…
Breach of 38.0392 could mean a start of a bullish trend on Silver Spot
The price of Silver Spot in heading in the direction of 38.7158. Despite the recent breakout through 38.0392…
A Channel Up has formed, Natural Gas is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
Natural Gas was identified at around 2.756 having recently rebounded of the support on the 1 hour data…