Gold Is On Track To Test Demand At 1,084

Discussion in 'Technical Analysis' started by Kaitlin, Jan 13, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    A continuous move away from fixed income and safe-haven assets is putting more pressure on gold prices. They slid down on Tuesday, by nearing one of the most important support clusters at 1,084/80 represented by the monthly R1 and 55/20-day SMAs. On Wednesday we expect these levels to be tested,[​IMG]

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