Gold JUNE 2022 has broken through a resistance line. It has touched this line at least twice in the last 16 days. This breakout may indicate a potential move to 1968.0898 within the next 23 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
Silver Spot – approaching a resistance line that has been previously tested at least twice in the past
Silver Spot is heading towards the resistance line of a Rising Wedge and could reach this point within…
Important price line being approached by Natural Gas. This price has been tested numerous times before.
Natural Gas is moving towards a resistance line. Because we have seen it retrace from this level in…
Gold Spot is signaling a possible trend reversal on the intraday charts with price not breaching support.
Gold Spot was identified at around 3397.525 having recently rebounded of the support on the 4 hour data…