Gold Spot has broken through a line of 2745.1001 and suggests a possible movement to 2761.2749 within the next 10 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 5 days.
If you’re short Gold Spot you should be aware that 2745.1001 has just been breached – a level tested 3 time in the past
