On analysis of the Gold futures in different time frames, I find Gold future look ready for a breakout amid fear of equity meltdown. No doubt that a sustainable move above $1268 will definitely confirm a breakout in Gold futures. Let’s have a look at the movements of Gold future in the following charts.
Gold Futures Daily Chart – Expected Trading Zones For December 2018
Gold Futures 4 Hr. Chart – Expected Trading Zones For December 2018
Disclaimer: This analysis is only for educational purpose. Readers are requested to kindly consider their own view first, before taking any position.