Gold Spot has broken through a support line of a Rising Wedge and suggests a possible movement to 3306.1199 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 8 days.
Gold Spot through 3366.28135. Is this a confirming a breakout? Will it continue its path in the current trend toward 3306.1199?
