Support line breached by GOLD

GOLD has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 1815.1165 may materialize within the next 3 days.

GOLD has broken through support

GOLD has broken through a support line. It has touched this line at least twice in the last 4 days. This breakout may indicate a potential move to 1829.9412 within the next 12 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]

GOLD has broken through support

GOLD has broken through a support line. It has touched this line at least twice in the last 2 days. This breakout may indicate a potential move to 1834.2694 within the next 6 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]