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Gold Receives Bullish Momentum From Weekly PP

Discussion in 'Technical Analysis' started by Kaitlin, May 16, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The monthly pivot point at 1,265.92 has not been confirmed for a second time in a one week on Friday. Provided with a boost, gold prices returned above the 1,270 level and are expected to see more positive impetus coming from the weekly pivot point, which lies at 1,272.24. The[​IMG]

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