Big movement expected on Gold FEBRUARY 2020 after a breach of 1563.3000

Gold FEBRUARY 2020 has broken through a line of 1563.3000 and suggests a possible movement to 1571.8800 within the next 18 hours. 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 4 days.