LimitMarkets

Gold seeks a breakout

Long
OANDA:XAUEUR   Gold/EUR
Precious metal price in Euro is set to re-test the 23.60 retracement level again in a bid to break out of the triangle-shaped formation. If the price persists above that line, we will follow 1365. The second upward target in that case will be 1368 that corresponds with the 38.20 retracement.

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