Skip to content The breakout of NGC/USD through the 4.3665 price line is a breach of an important psychological price level that it has tested numerous times in the past. If this breakout persists, NGC/USD could test 3.8732 within the next 3 days. One should always be cautious before placing a trade and wait for confirmation of the […]
LTCUSD was identified around 83.53 after recently rebounding off the support on the 4 hour interval. Ultimately, the stock’s price action has formed a Channel Up pattern. This squeeze may increase the chances of a strong breakout. The projected move could take the price to around 88.0805.
Rectangle pattern identified on XAUUSD has broken through a resistance level, with price momentum continuing to move upward. This presents a solid trading opportunity, with the price expected to reach 4288.2445 in the next 3.
BRN/USD is moving toward a support line. Since it has retraced from this line before, we may see either a breakout through it or a rebound to current levels. It has touched this line multiple times in the past 11 days and may test it again within the next 3 days.
NGC/USD is approaching the line at 4.4565. If this move continues, the price of NGC/USD could test 4.4565 within the next 5 hours. But do not rush to trade. It has tested this line many times in the past, so the move could be short-lived and end in a rebound.
By Hein van Eeden, Senior Dev @ Autochartist.com.In the beginning of 2010’s Autochartist decided to integrate our Technical Analysis Chart
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