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Gold DECEMBER 2021 – approaching a price line that has been previously tested numerous times in the past

Gold DECEMBER 2021 is moving towards the resistance line of a Resistance. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 3 days and may test it again within the next 11 hours.

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We expect CL to trend downwards for the next 48 hours.

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FRA40 moves lower to 6,587.5 in the last 2 days.

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