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Gold Reaches New Multi-Month Peaks

Discussion in 'Technical Analysis' started by Kaitlin, Mar 11, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    A broad buoyant sentiment pushed the precious metal to fresh 13-month highs by Friday morning. Yesterday the bullion's selloff was successfully limited by the February uptrend below 1,240, and later moderately hawkish remarks by the ECB President Draghi resulted in a surge above 1,270. For now we see the weekly[​IMG]

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