Gold Surges After Finding Support

Discussion in 'Technical Analysis' started by Kaitlin, Sep 30, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The yellow metal surged on Friday morning, as the commodity found support by the end of Thursday's trading session. The rebound occurred when the metal approached the first weekly support at 1,315.44. After the encounter the bullion began to recoup some of that day's losses. However, it did not manage[​IMG]

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