Should we expect a bearish trend on GOLD?
The breakout of GOLD through the 1719.2300 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 to test 1703.8810 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.
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