Should we expect a bearish trend on XAU/USD?
The breakout of XAU/USD through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of XAU/USD to test 1270.1791 within the next 11 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
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