The breakout of Gold DECEMBER 2021 through the support line of a Rising Wedge could be a sign of the road ahead. If this breakout persists, we expect the price of Gold DECEMBER 2021 to test 1761.2116 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing support twice in the past, Gold DECEMBER 2021 has finally broken through. Can we expect a bearish trend to follow?
