Gold AUGUST 2021 has broken through a line of 1805.7000 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 1810.9399 can be expected within the next 5 hours.
Related Posts
Resistance line breached by Brent Crude. This price has been tested at least twice before.
Brent Crude has broken through the resistance line of a Triangle technical chart pattern. Because we have seen…
Resistance line breached by Natural Gas. This price has been tested at least twice before.
Channel Down pattern identified on Natural Gas has broken through a resistance level with the price momentum continuing…
Brent Crude has broken through a level it has tested 4 times in the recent past.
Brent Crude has broken through 64.3930 which it has tested numerous times in the past. We have seen…