Gold DECEMBER 2023 has broken through a resistance line. It has touched this line at least twice in the last 15 days. This breakout may indicate a potential move to 1850.5391 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
US Oil – breach of price line that’s been previously tested numerous times before
US Oil has broken through a resistance line. Because we have seen it retrace from this price in…
Big movement possible on US Oil after a breach of 62.0410
US Oil is once again retesting a key horizontal resistance level at 62.0410. It has tested this level…
US Oil is approaching a resistance line of a Channel Down. It has touched this line numerous times in the last 3 days.
US Oil is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a…