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GOLD ((XAUUSD): Bullish Outlook Explained ðŸĨ‡

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CAPITALCOM:GOLD   Gold
Gold reached a significant horizontal support level last week before rebounding and creating a rising triangle pattern on the 4-hour time frame.

The triangle's upper boundary is defined by a horizontal resistance level that was broken today, indicating the strength of buyers and potentially signaling a return to an overall bullish trend in the market.

The next target for buyers is likely around 2190 to 2200.

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