Gold XAUUSD Chart Technical Outlook

Gold XAUUSD Chart Technical Outlook – if I was looking for a selling opportunity in gold, I would place a sell stop at $1,967 with a target of $1,952. This is a wedge breakout and the measured move. I think you would need to take care over fed minutes. I would also be wary of locking in profit or stop as this breakout could turn into a Gartley formation.

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