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Breach of 1485.6000 could mean a start of a bearish trend on Gold DECEMBER 2019

Gold DECEMBER 2019 has broken through a line of 1485.6000. If this breakout holds true, we expect the price of Gold DECEMBER 2019 to test 1474.6300 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.

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We expect a $1,197.735 movement on OJ within 48 hours following the event release at 06 Nov 15:00.

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