Gold Breaking out above the trend line?

Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)

Updated

FX_IDC:XAUUSD Gold Spot / U.S. Dollar

Gold trying to breakout above the descending trendline at 1283. If it closes above 1285 today & sustains then we can see 1300, 1340 & 1360 levels. Keep watching the levels

Comment:

Gold Breakout failed spectacularly.

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