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Gold Spot has broken out from the Triangle pattern. Expect it to hit 3291.9738 soon.

Triangle pattern identified on Gold Spot has broken through a support level with the price momentum continuing to move in an downward direction. A solid trading opportunity continues with the price expected to reach 3291.9738 in the next 2.

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GBPUSD is quickly approaching the resistance line of a Triangle. We expect either a breakout through this line or a rebound.

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