Is Gold preparing to rally?

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From a cyclical standpoint, a CLOSE above the H4 cyclically derived breakout line would indicate a potential rally. So keep an eye on the closing price!

The breakout line marks the energy boundaries: when enough energy accumulates in the price to surpass its limits, a rally is likely to ensue.

Two news events are scheduled to take place in two hours at 13:30 (SWE Time):
  • Final GDP q/q
  • Unemployment Claims

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