Should we expect a breakout or a rebound on XAUUSD?

XAUUSD is heading towards the support line of a Channel Up. If this movement continues, the price of XAUUSD could test 2394.7738 within the next 3 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

Past performance is not an indicator of future results.
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