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Gold JUNE 2021 – breach of price line thats been previously tested numerous times before

Gold JUNE 2021 has broken through the resistance line of a Resistance. 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 numerous times in the last 21 days and suggests a target line to be around 1777.5699 within the next 3 days.

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We expect a 67 pip movement on CL within 2 hours following the event release.

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After testing resistance twice in the past, AUS200 has finally broken through. Can we expect a bullish trend to follow?

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