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Gold Consolidates Near Highs Ahead Of US Employment Report

Discussion in 'Technical Analysis' started by Kaitlin, Mar 3, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Gold has been trading within a large triangle consolidation pattern for the past three weeks since it hit a one-year high at $1263 in mid-February. Price action within this consolidation has fluctuated widely between that $1263 high and a low at $1190 support. As characteristic of triangle patterns, the price[​IMG]

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