Gold Price Forecast: XAU/USD validated a pennant breakout, more room for the upside toward $2,043 Gold XAUUSD
“Gold price validated a pennant breakout after storming through the critical rising trendline support, then at $1,968, and closing Tuesday well above the latter.”
“The immediate support is seen at the previous yearly high of $2,010, below which the critical $2,000 mark will challenge the bullish commitments. Should the correction extend, Gold sellers could aim for the pennant resistance-turned-support at $1,988.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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