Gold refuses to give back its breakout
Weekly LevelsXAUUSD1DBullishpublished 03:08 · updated never, that’s the point
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The rally to a fresh high has pulled back twice, and both dips were bought inside the same session.
Gold broke out of its multi-week range and rallied to a fresh high because the move carried enough conviction to hold every pullback toward the breakout shelf within the same session, a different signature from the choppy, give-it-all-back price action that preceded it.