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Gold Meets Resistance At 1,092 As Correction Is Looming

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

  1. Kaitlin

    Kaitlin Forum Member

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    The precious metal bounced off a strong 1,084 support cluster yesterday, while nearing the weekly pivot point at 1,092 by the end of Wednesday trading. Such a move was mainly prompted by reversed gains on stock markets across the world. More uncertainty should support gold in the mid-term, as the[​IMG]

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