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There is a possibility of a big movement on Gold APRIL 2022 after a breach of the support

Gold APRIL 2022 has broken through a support line of a Rising Wedge and suggests a possible movement to 1849.2020 within the next 11 hours. 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 4 days.

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After testing support twice in the past, EUSTX50 has finally broken through. Can we expect a bearish trend to follow?

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