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A final push expected on Gold FEBRUARY 2020 as it starts approaching a price line of 1582.6000.

Gold FEBRUARY 2020 is heading towards a price line of 1582.6000 and could reach this point within the next 14 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.

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FRA40 is quickly approaching 15.2800. We expect either a breakout through this line, or a rebound.

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