Gold Expected Breakout To The Upside

Currently, the gold market is ranging. However, we could expect a bullish breakout if a trendline doesn’t hold.

The 1800 zone has been protected by the buyers. At this point, it is the POC zone. 1808 is the level where we could expect a bullish breakout if the trend line doesn’t hold. Watch for it as the price is close to the ascending point. Targets are 1812 and 1818.

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