Wheat DECEMBER 2020 is heading towards a line of 511.5000. If this movement continues, we expect the price of Wheat DECEMBER 2020 to test 511.5000 within the next 3 days. But don’t be so quick to trade, 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
Gold Spot is quickly approaching the support line of a Channel Down. We expect either a breakout through this line or a rebound.
An emerging Channel Down has been detected on Gold Spot on the 4 hour chart. There is a…
Important support line being approached by Gold Spot. This price has been tested numerous time in the last 3 days
Gold Spot is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a…
US Oil consistently settling in one direction. Will it continue?
US Oil has moved lower after 4 consecutive daily candles from 78.4740 to 66.0695 in the last 5…