After testing 1612.4000 numerous times, Gold JUNE 2020 has finally broken through. Can we expect a bullish trend to follow?

The breakout of Gold JUNE 2020 through the 1612.4000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of Gold JUNE 2020 to test 1659.3500 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.