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Gold: Second Attempt To Cross Weekly PP Fails

Discussion in 'Technical Analysis' started by Kaitlin, May 6, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    For a second day in a row on Thursday the yellow metal was unable to overcome the closest support line represented by the weekly pivot point at 1,272.92. This is going to raise doubts about the actual strength of the bearish camp. Along with positive daily and weekly technical signals,[​IMG]

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