If XAU/USD touches 2020.4700 it may be time to take action.

XAU/USD approaching support level
XAU/USD is heading towards a line of 2020.4700. If this movement continues, the price of XAU/USD could test 2020.4700 within the next 3 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.

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