Gold DECEMBER 2019 has broken through a line of 1505.3000 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 1491.7500 can be expected within the next 2 days.
Important price line breached by Gold DECEMBER 2019. This price has been tested numerous times before.
