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After testing 1801.3000 numerous times, Gold FEBRUARY 2022 has finally broken through. Can we expect a bearish trend to follow?

The breakout of Gold FEBRUARY 2022 through the 1801.3000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Gold FEBRUARY 2022 could test 1788.5699 within the next 20 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.

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We expect a $0 movement on 6S within 48 hours following the event release at 04 Jan 15:00.

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We expect NZDUSD to trend downwards today.

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