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Gold Closes Below March Low

Discussion in 'Technical Analysis' started by Kaitlin, May 31, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Despite the fact that yesterday the bullion failed for a ninth consecutive day and closed below the March low, a continuous decline is not on the table yet. Firstly, we should see a consolidation under this historical marker of 1,207.87 on Tuesday. There is no guarantee of such a scenario,[​IMG]

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