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Gold Runs Over 200-Day SMA

Discussion in 'Technical Analysis' started by Kaitlin, Oct 15, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    We received a strong bullish signal yesterday, as gold effortlessly pierced through a dense resistance area, which was initially though to be able to hold the bulls at bay. This means the price is highly likely to keep increasing, while the next serious level will be only at 1,205 dollars,[​IMG]

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