Gold Prices Bullish Breakout Potential Intact - Target Levels for XAU/USD

3 September 2019 3 September 2019

BonTrade

Gold prices may soon reach a key bullish target level in the multi-year inverse head and shoulders pattern that started to breakout earlier this year.

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The US manufacturing sector contracted in August (ISM survey: 49.1)

Gold extends rally after ISM manufacturing marks first contraction in nearly 3 years