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After testing 1826.6000 numerous times, Gold FEBRUARY 2021 is once again approaching this price point. Can we expect a bearish trend to follow?

The movement of Gold FEBRUARY 2021 towards 1826.6000 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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EUSTX50 – approaching a price line that has been previously tested numerous times in the past

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