Expect a breakout in Gold, XAUUSD

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Price keeps on rejecting from the trend line constantly and it is all set to break the trend line in the coming week. One can see a symmetric triangle in the chart which indicate the price can move on either direction so wait for the confirmation and trade the breakout side.

If once again price breaks down then it will again reach 1850 levels which will be a good for long.
Nota
Breaks the trend line up and moving towards the resistance.
breakouttradingChart PatternsTrend AnalysisTrend Lines

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