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Gold JUNE 2021 – breach of a trending resistance line that has been tested at least twice before.

Gold JUNE 2021 has broken through the resistance line of a Triangle technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 2 days and suggests a target line to be around 1750.1392 within the next 6 hours.

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Breach of resistance could mean a start of a bullish trend on 3m Co.

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A final push expected on JPN225 as it starts approaching a price line of 29470.0000.

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