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Important resistance line being approached by Gold Spot. This price has been tested numerous time in the last 2 days

Gold Spot is heading towards the resistance line of a Ascending Triangle and could reach this point within the next 8 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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We expect GBPUSD to trend upwards with a 66.67% chance.

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AUDCAD is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 7 days.

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