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Gold Is Flirting With July Low Again

Discussion in 'Technical Analysis' started by Kaitlin, Dec 21, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    Despite booking a weekly loss, the bullion managed to regain most of a Thursday's sell-off and grew back in the direction of 1,070. There gold is supposed to meet the July low and 20-day SMA, which will try to put formidable negative pressure on prices. In case they both are[​IMG]

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