The precious metal is trading a bit weaker, down over 0.50% on the day. Prices are trading near the 1595 handle.
But a strong rebound off this level is keeping the upside intact for now.
To see further gains, XAUUSD will need to break out above the previous highs of 1642.96.
Failure to break out above this level could see prices trading flat in the near term.
Test your strategy on how gold will fare with Orbex - Open your account now.
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