Breach of important price line imminent by GOLD

GOLD is moving towards a line of 1850.1400 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If GOLD continues in its current trajectory, we may see it move towards 1850.1400 within the next 15 hours.


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