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Gold Sets Ground For Continuous Recovery

Discussion in 'Technical Analysis' started by Kaitlin, Apr 12, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Monday trading was finished with sharp gains for gold, as the price closed above the first weekly resistance line at 1,257.50. However, the bulls failed to extend this rally up to the second supply area placed between 1,260 and 1,263. We expect it to happen this week, but we are[​IMG]

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