Gold Spot is heading towards the resistance line of a Channel Up. If this movement continues, the price of Gold Spot could test 2789.6804 within the next 22 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Related Posts
Silver Spot seems to be on its way to support – a possible opportunity?
Silver Spot is heading towards a line of 41.0334. If this movement continues, the price of Silver Spot…
US Oil is signaling a possible trend reversal on the intraday charts with price not breaching support.
A Channel Down pattern was identified on US Oil at 64.0955, creating an expectation that it may move…
A final push possible on Brent Crude as it starts approaching a price line of 67.1675.
Brent Crude is about to retest a key horizontal support level near 67.1675. It has tested this level…