Soybeans SEPTEMBER 2023 has broken through a resistance line. It has touched this line at least twice in the last 20 days. This breakout may indicate a potential move to 1405.1337 within the next 2 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
Gold Spot – approaching a support line that has been previously tested at least twice in the past
Gold Spot was identified at around 2749.53 having recently rebounded of the resistance on the 4 hour data…
If you’re long Silver Spot you should be aware of the rapidly approaching level of 30.2880
Silver Spot is moving towards a key support level at 30.2880. Silver Spot has previously tested this level…
US Oil is approaching a support line of a Channel Down. It has touched this line numerous times in the last 8 days.
US Oil is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a…