GOLD Ignites! Triangle Breakout Targets $3,760

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GOLD Ignites! Triangle Breakout Targets $3,760Gold / U.S. DollarFOREXCOM:XAUUSDMasoodAnsariGold has broken out of a multi-month symmetrical triangle on the daily chart, signaling a potential continuation of the broader bullish trend. The measured move targets the $3,760 zone, with risk managed below the recent support $3244. According to latest COT report money managers increased the net long positions, reflecting institutional confidence in gold's upside.