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Buoyant Rejects Gold's Rally Beyond July Low

Discussion in 'Technical Analysis' started by Kaitlin, Dec 2, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    XAU/USD's advance was prolonging up to the weekly R1 at 1,074 on Tuesday. However, the bearish pressure was rising over time, even despite fairly pessimistic US manufacturing data. Main focus, which is shifting back to the Fed, did not prevent the bullion's cooldown by the end of trading. Therefore, our[​IMG]

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