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Gold Lacks Stronger Upside Momentum

Discussion in 'Technical Analysis' started by Kaitlin, Feb 18, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The daily chart has been showing mixed signals for several days in a row. Gold tested the third monthly resistance (1,209) yesterday, but ultimately closed the session below it. By succeeding here, the bulls will be in a position to prolong gains to 1,221 (weekly PP) over the next 24[​IMG]

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