Golden Cross Could Prime Corn Prices to Break Resistance

Corn prices may soon receive a major technical boost by way of a Golden Cross formation, with the 50-day Simple Moving Average (SMA) on track to cross above the longer-term 200-day SMA. That may help prices to pierce above a descending trendline stemming from the 2021 swing high.
CORNCORNMoving AveragesSupport and ResistanceTrend Lineszc1Corn

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