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Gold Remains Squeezed In On Friday

Discussion in 'Technical Analysis' started by Kaitlin, Aug 26, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The yellow metal changed direction on early Friday morning, as it found support in the second weekly support level at 1,322.62, and the metal is most likely to surge to the 55-day SMA at 1,328.15. Previously gold fluctuated around these two levels, as the commodity finds support in the weekly[​IMG]

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