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After testing 1849.6000 numerous times, Gold AUGUST 2022 has finally broken through. Can we expect a bearish trend to follow?

The breakout of Gold AUGUST 2022 through the 1849.6000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Gold AUGUST 2022 could test 1832.7500 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.

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