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Gold JUNE 2019 – breach of a trending support line that has been tested at least twice before.

Gold JUNE 2019 has broken through the support line of a Double Top technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 5 days and suggests a target line to be around 1273.9514 within the next 16 hours.

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