Gold APRIL 2020 has broken through the resistance line of a Resistance. It has touched this line numerous times in the last 14 days. This breakout shows a potential move to 1708.7900 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
A possible move on Natural Gas as it heads towards support
Natural Gas is approaching the support line of a Falling Wedge. It has touched this line numerous times…
After experiencing a 4.7% bullish move in the space of 13 hours, nobody knows where Silver Spot is headed.
Silver Spot rose sharply for 13 hours – which is an excessively big movement for this instrument; exceeding…
Is the US Oil poised for a turn-around after 5 consecutive bearish Daily candles?
After posting 5 consecutive bearish candles in 7 days, you may start considering where US Oil is heading…