Gold JUNE 2019 is heading towards the resistance line of a Rising Wedge. If this movement continues, we expect the price of Gold JUNE 2019 to test 1292.8000 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.
Gold JUNE 2019 is quickly approaching the resistance line of a Rising Wedge. We expect either a breakout through this line or a rebound.
