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GOLD, 03.31.16 : sideways trend between 1216 - 1243

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 31, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Main scenario: The pair is trading along an sideways trend between support 1222 - 1216 and resistance 1243. An downtrend will start as soon, as the pair drops below support level 1216, which will be followed by moving down to support level 1190. Alternative scenario: An uptrend will start as soon, as the pair rises above resistance level 1243, which will be followed by moving up to resistance level 1260.

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