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After testing resistance twice in the past, Gold AUGUST 2020 has finally broken through. Can we expect a bullish trend to follow?

The breakout of Gold AUGUST 2020 through the resistance line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of Gold AUGUST 2020 to test 1984.6925 within the next 11 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.

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