Breach of resistance could mean a start of a bullish trend on XAU/USD

XAU/USD - resistance line breached
You would be well advised to confirm the breakout that has just occurred – do you believe the move through resistance to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 1993.9569 but consider reducing the size of your position as the price gets closer to that target.

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