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Breach of support could mean a start of a bearish trend on Gold June 2024

Gold June 2024 has broken through a support line of a Triangle chart pattern. If this breakout holds true, we may see the price of Gold June 2024 testing 2351.0024 within the next 13 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.

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If you’re short GBP/USD you should be aware that 1.2684 has just been breached – a level tested 4 time in the past

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USD/CAD has broken out from the Triangle pattern. Expect it to hit 1.3535 soon.

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