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After testing 1833.5000 numerous times, Gold JUNE 2022 has finally broken through. Can we expect a bearish trend to follow?

The breakout of Gold JUNE 2022 through the 1833.5000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Gold JUNE 2022 could test 1817.5601 within the next 10 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.

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Important price line breached by USD/CAD. This price has been tested numerous times before.

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