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Gold has tumbled to important support at 1226/25

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 31, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Daily Forecast - 31 March 2016 Gold Spot Gold has tumbled to important support at 1226/25 which is key to direction today. Failure to hold here means bears have control & the 2 week bear trend is more than just a short term correction. Longs need stops below 1221 with further losses to target 1216/15 then 1212 & perhaps as far as March lows at 1209/08. Holding 1225/26 means bulls should control the day & re-targets first resistance at 1235/36. We should struggle here today but

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