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Gold AUGUST 2023 has broken through resistance of a Falling Wedge. It has touched this line at least twice in the last 8 days.

Gold AUGUST 2023 has broken through a resistance line. It has touched this line at least twice in the last 8 days. This breakout may indicate a potential move to 1992.0047 within the next 16 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.

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