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Big movement expected on Gold DECEMBER 2019 after a breach of the resistance

Gold DECEMBER 2019 has broken through a resistance line of a Channel Down and suggests a possible movement to 1502.3822 within the next 15 hours. It has tested this line 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 6 days.

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After testing support twice in the past, BCHCAD has finally broken through. Can we expect a bearish trend to follow?

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