Gold Confirms 1,241 From Second Attempt

Discussion in 'Technical Analysis' started by Kaitlin, Apr 20, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The bullion grabbed benefits from weaker US Dollar on Tuesday, by soaring the most in a week to close at 1,250. Backed by the 55-day SMA, currently at 1,231.56, gold surged as high as the first weekly resistance at 1,256.06, which managed to contain the upward pressure. Now the spot[​IMG]

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