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Gold breaks trendline and heads into key resistance
Gold has managed to break through a descending trendline as it continues the recent uptrend. The price is now heading into the $1300 resistance area, and it will be the ability or inability to break that level which will dictate trade today.
Should the price push through $1300, then it would bring a wider bullish outlook for gold. However, a failure to do so could see the price move lower from here.
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