Gold Is Losing Ground For Three Days

Discussion in 'Technical Analysis' started by Kaitlin, Apr 14, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    After a relatively calm Tuesday, the bullion commenced a major bounce from three-week highs yesterday and closed the US session around the monthly pivot point (1,241.50). However, a selloff has continued this morning on the back of growing risk appetite worldwide. Now the weekly pivot is under bearish pressure, but[​IMG]

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