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Gold Price Short-term Outlook: XAU/USD Breakout Faces a Defining Test

Gold Price Short-term Outlook: XAU/USD Breakout Faces a Defining Test

Gold enters the final trading day of the week with momentum firmly shifted in favor of the bulls after breaking decisively above a multi-month consolidation pattern. The breakout marks the strongest technical development since the March decline began, but the rally has now reached the first major resistance zone where buyers must prove they can sustain the advance.

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