Either a rebound or a breakout imminent on GOLD

GOLD is heading towards a line of 1787.7600. If this movement continues, we expect the price of GOLD to test 1787.7600 within the next 23 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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