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Big movement expected on Gold FEBRUARY 2020 after a breach of the support

Gold FEBRUARY 2020 has broken through a support line of a Rising Wedge and suggests a possible movement to 1541.9490 within the next 5 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 20 hours.

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Travelers Cos Inc. is approaching the support line of a Support. It has touched this line numerous times in the last 15 days.

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SPX500 is quickly approaching 3230.5000. We expect either a breakout through this line, or a rebound.

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