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Gold Struggles To Stay Afloat

Discussion in 'Technical Analysis' started by Kaitlin, Oct 16, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    It is a critical moment for gold, as the precious metal is fighting to stay above the 200-day SMA in order to confirm a strong bullish signal and establish a new support area near 1,176. Yesterday, the monthly R2 at 1,181 failed to underpin the price, and the technical indicators[​IMG]

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