XAUUSD (gold) has reached our next target just above $1,900.

I wrote about this area in the May 20th commentary, along with the more significant $1,960 level.

Given the way XAUUSD is refusing to back down, I wouldn’t be surprised to see a breakout above $1,910 in the coming days.

That said, keep in mind that $1,900 to $1,910 is a minor area compared to $1,960.

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