Mon, 20 May 2024 12:48:48 GMT
Gold breaks ascending pattern, to the upside
Gold broke above 2,400.00 and broke the channel up pattern's upper trend line, as the metal surged above all expectations. However, the 2,450.00 level acted as resistance and on Monday the metal sharply declined, as the surge had overextended. In the near term future, the price was expected to reach the 2,400.00 level that could act as support.
A move