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Gold Is Rejected By July Low, Awaits Recovery

Discussion in 'Technical Analysis' started by Kaitlin, Dec 24, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    The yellow metal made no confident attempts to violate the July low and 20-day SMA on Wednesday. However, eventually it managed to close under the latter line, but today we expect the bullion's bounce back. All in all, the session is highly likely to be tranquil in terms of volatility,[​IMG]

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