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Gold Continues To Fall On Wednesday

Discussion in 'Technical Analysis' started by Kaitlin, Aug 24, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The yellow metal is in its fourth consecutive session of losses, as it continues to bounce around the 1,340 level. The metal is forced to move downwards due to the fact that the 20-day SMA at 1,339.79 is pressuring it to move lower. However, it can only continue up to[​IMG]

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