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Gold Continues To Gain On Thursday

Discussion in 'Technical Analysis' started by Kaitlin, Oct 13, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    From a technical perspective the yellow metal is continuing yesterday's rebound from the 1,250 psychological level. However, the resistance put up by the 200-day SMA has not been broken. Actually, the metal did not even properly touch during Wednesday's trading session. Although, the SMA kept moving northward, and with it[​IMG]

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