Receive the latest alerts via email

Gold Spot has broken out from the Flag pattern. Expect it to hit 2607.8425 soon.

You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 2607.8425 but consider reducing the size of your position as the price gets closer to that target.

Total
0
Shares
Previous Post

Will EURCHF break through the resistance level it tested before?

Next Post

ADAUSD through 1.149181818181818. Is this a confirming a breakout? Will it continue its path in the current trend toward 1.2112?

Related Posts