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Gold Falls Below 1,310 On Tuesday

Discussion in 'Technical Analysis' started by Kaitlin, Aug 31, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The yellow metal is slightly recovering on Wednesday, as it plunged and reached below the 1,310 level on Tuesday. However, the combined support provided by the weekly S1 at 1,310.87 and the lower Bollinger band at 1,306.82 somehow managed to slow down the fall of the commodity price. On Wednesday[​IMG]

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