Rising Wedge pattern identified on Gold Spot has broken through a support level with the price momentum continuing to move in an downward direction. A solid trading opportunity continues with the price expected to reach 2621.0398 in the next 12.
Related Posts
Natural Gas – approaching a support line that has been previously tested at least twice in the past
The movement of Natural Gas towards the support line of a Channel Up is yet another test of…
Gold Spot is quickly approaching a very important level it has previously tested numerous times in the past
Gold Spot is moving towards a key resistance level at 3359.3501. Gold Spot has previously tested this level…
Because Gold Spot formed a Falling Wedge pattern, we expect it to touch the support line. If it breaks through support it may move much lower
An emerging Falling Wedge has been detected on Gold Spot on the 4 hour chart. There is a…