Gold DECEMBER 2023 is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch and break through 1994.8000, unless it runs out of momentum and pulls back to current levels.
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An unexpected large move has occurred on Gold Spot 1 hour chart! Is this a sign of something new? What can we expect?
Gold Spot has moved lower by 1.24% from 2809.29 to 2774.58 in the last 3 days.
A possible move by Brent Crude towards 78.1084
The breakout of Brent Crude through the resistance line of a Triangle could be a sign of the…
Brent Crude is approaching a support line of a Falling Wedge. It has touched this line numerous times in the last 5 days.
A Falling Wedge pattern was identified on Brent Crude at 76.452, creating an expectation that it may move…