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Gold Ignores Initial Downfall And Surges On Tuesday

Discussion in 'Technical Analysis' started by Kaitlin, Jul 6, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The yellow metal initially moved downwards on Tuesday morning. However, after falling down to the level of 1,338.08 the metal rebounded and closed the day right at the first weekly resistance at 1,354.84. At the start of Wednesday's trading gold opened just above the weekly R1, and it surged by[​IMG]

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