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Gold Surges Further As 200-Day SMA Is Looming

Discussion in 'Technical Analysis' started by Kaitlin, Jan 27, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Gold will likely manage to consolidate above 1,107 on Wednesday, in case it preserves gains of the previous trading session. On Tuesday the precious metal climbed to 1,120 and the next major resistance zone is fairly reachable over the next 24 hours. The Fed should provide a dovish statement to[​IMG]

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