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Gold continues to consolidate after rally fades, wait for a break

Discussion in 'Technical Analysis' started by ForexLive, Mar 1, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Gold technical analysis Keep a close eye on the wedge pattern in gold. A rally earlier today took it up to $1248, which was precisely at the downtrend from the February high. It was rejected and gold is slightly negative now at $1235.

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