Conclusion for today’s Gold analysis:
Bullish momentum in Gold (XAUUSD) should continue with minimum target being ~$1358.
The Daily time frame chart is examined for today’s XAUUSD analysis with coverage of over 18 months of price action. Previous analysis can be found here.
A symmetrical triangle is used to put the Daily timeframe market action into context and the current break out above $1321 is expected to continue towards ~$1358 as the minimum target.
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