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Big movement expected on Gold DECEMBER 2020 after a breach of 1918.7000

Gold DECEMBER 2020 has broken through a line of 1918.7000 and suggests a possible movement to 1942.3400 within the next 3 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 20 days.

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After testing 3423.2500 numerous times, E-mini S&P 500 DECEMBER 2020 is once again approaching this price point. Can we expect a bearish trend to follow?

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Chevron – breach of a trending support line that has been tested at least twice before.

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