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Gold In Battle With 1333.00

Discussion in 'Technical Analysis' started by Kaitlin, Sep 22, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Gold opened bearish on Thursday after yet another confirmation of the 1307.85 support level some days ago. Currently testing the 1333.00 mark, where the 55-day SMA lies, the metal could escape the falling bias at 1326.43/1325.18, the monthly Pivot Point, weekly R1 and 20-day SMA cluster and set the annual[​IMG]

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