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Gold outlook remains positive but we will need to hold above 1073/72

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 26, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Daily Forecast - 25 November 2015 Gold Spot Gold outlook remains positive but we will need to hold above 1073/72 to re-target first resistance at 1077/78. However watch for potential further gains today to then target strong resistance at 1084/85. This is the main challenge for bulls but shorts need stops above 1087. If we continue higher look for the next target & strong resistance at 1094/95 for a good selling opportunity this week. Shorts need stops above 1100. First support at 1073/72

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