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Forexcom
Saturday, October 3, 2026 at 05:05 PM UTC
Gold Breaks Down on Descending Triangle, Sets Up $4k Test
Currency Pairs:💱 XAU-USD
Last week started with a bang in gold markets as the descending triangle looked at in last week's forecast led to a sizable breakdown. In one violent session on Monday, gold prices shed almost 4%, but sellers slowed the push once the 4104-4135 zone came in for a test.




