GOLD breakout through resistance

The breakout of GOLD through the 3333.1001 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, GOLD could test 3358.8140 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.

A potential bullish movement on AUDJPY

AUDJPY is trapped in a Rising Wedge formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a support line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start […]

USDCHF se acerca

El USDCHF avanza hacia la línea de 0.7991. Si este movimiento se mantiene, el precio del USDCHF podría probar el nivel de 0.7991 en un plazo de 2 días. Pero no se apresure a la hora de operar, porque el par ha probado esta línea en numerosas ocasiones durante el pasado, por lo que este […]