Recall that Gold price confirmed a symmetrical triangle breakout on the daily chart on Tuesday.
Recapturing the latter would require a test of the bullish 21 DMA at $1533. A sustained break above the latter will open the door for a rally towards the flat 100 DMA at $1,969.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.