Either a rebound or a breakout imminent on XAU/USD
XAU/USD is heading towards a line of 1409.4000. If this movement continues, we expect the price of XAU/USD to test 1409.4000 within the next 4 days. 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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