Gold Technical Analysis: Pennant breakdown on 1H chart favors re-test of recent lows near $1,280 - FXStreet

Gold Technical Analysis: Pennant breakdown on 1H chart favors re-test of recent lows near $1,280  FXStreet

Gold is trading on the defensive at $1287 and could drop to $1281 (March low) in the next day or two, as the path of least resistance is to the down.

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