Gold DECEMBER 2020 is quickly approaching 1858.4000. We expect either a breakout through this line, or a rebound.

Gold DECEMBER 2020 is heading towards a line of 1858.4000. If this movement continues, we expect the price of Gold DECEMBER 2020 to test 1858.4000 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.