Gold Spot has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 3282.6858 may materialize within the next 5 hours.
Gold Spot through 3225.946052631579. Is this a confirming a breakout? Will it continue its path in the current trend toward 3282.6858?
