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Gold To Break Out Of Triangle On Risk Aversion

Discussion in 'Technical Analysis' started by Kaitlin, Jan 26, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    In the Asian session on Thursday the precious metal has booked some noticeable gains, as the price is located above the January downtrend at 1,113. To show strength and ability to grow further, the bulls are required to keep XAU/USD above 1,107 (downtrend) for two consecutive trading sessions. Some support[​IMG]

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