Gold Breaks Resistance, Tests Support at 1847 for Potential Pop

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold has recently broken through a key resistance level and is currently being tested as support near the 1847 level. With a potential drop in the USD on the horizon, this setup is looking bullish for gold. If the current support level holds, traders could see a rally back up to 1870 for this precious metal.

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