Source: Forexcom
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Gold Price Forecast: XAU/USD Breakout Delivers Best Week Since January
Gold has delivered its strongest weekly advance since January after breaking decisively above a multi-week consolidation pattern, marking the most significant technical development since the March decline began. The rally has already reclaimed a major resistance zone and shifted attention toward the broader yearly downtrend, but buyers still need confirmation that this week's breakout can develop into something more durable.
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Source: Forexcom
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