CFDs on Gold (US$ / OZ)
Long
Updated

Gold: On the verge of a breakout

108
The precious metal rose by 0.70% posted a high at 1339.06$ but unable to breach the potential resistance seems to be at 1341.00$.
A move above 1342.00$ target 1347.00 and 1350.00$.
The price has been trading in a descending wedge pattern, which is a bullish factor. The daily RSI and oscillator studies also indicating the same.
Trade closed: target reached
Target reached

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