Autochartist General
MARKET ANALYSIS

XAUUSD is heading towards the support line of a Channel Up and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

A strong resistance level has been breached at 2.9135 on the 30 Minutes NGC/USD chart. Technical Analysis theory forecasts a

Those of you that are trend followers are probably eagerly watching XAUUSD to see if its latest 6.38% move continues.

BTCUSD rose sharply for 15 days – which is an excessively big movement for this instrument; exceeding the 98% of

The movement of S&P500 towards the resistance line of a Rising Wedge is yet another test of the line it