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Gold Spot has broken out from the Descending Triangle pattern. Expect it to hit 3242.0810 soon.

You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 3242.0810 but consider reducing the size of your position as the price gets closer to that target.

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