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Gold Corrects Lower After Two Bullish Sessions

Discussion in 'Technical Analysis' started by Kaitlin, Dec 23, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    The bullion ticked down in course of the trading session on Tuesday, after posting a confident rally on Friday and Monday. Yesterday's slump, however, was contained by the 20-day SMA at 1,072. Wednesday morning we are observing a marginal recovery up from the moving average. The key short-term supply is[​IMG]

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