XAUUSD has broken through support

Past performance is not an indicator of future results.
XAUUSD has broken through the support line of a Rising Wedge. It has touched this line at least twice in the last 2 days. This breakout indicates a potential move to 1493.1089 within the next 14 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.

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