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Gold Remains Stuck On Friday

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

  1. Kaitlin

    Kaitlin Forum Member

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    The yellow metal threaded lower on Friday morning, as it was in the continuation of the bounce off from a resistance, which occurred in the second half of Thursday's trading session. Previously, as forecasted, the bullion moved up to the 200-day SMA and bounced off it due to the resistance[​IMG]

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