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  1. Gold Price Chart: Bullish Breakout

    by , 07-19-2019 at 10:49 AM
    Price is approach the upper bounds of this consolidation range with daily resistance steady at the August 2013 high at 1433. A breach / close above this threshold is needed to validate the breakout with such a scenario eyeing subsequent resistance targets at 1451 backed by the 50% retracement of the decline off the record highs at 1483.

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    Notes: A closer look at gold price action shows gold breaking above the weekly opening-range highs ...