The breakout of Gold Spot through the 2942.7600 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Gold Spot could test 2965.6450 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
After testing 2942.7600 numerous times, Gold Spot has finally broken through. Can we expect a bullish trend to follow?
