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Gold To Look At 1,205/1,188 Dense Support

Discussion in 'Technical Analysis' started by Kaitlin, Apr 4, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Technical trading of the bullion remains uncertain at the moment, because there are several important resistances and supports surrounding the present spot price of 1,217. From the upside, the weekly pivot point at 1,224 is the most immediate supply, followed by the 23.6% Fibonacci retracement of the Dec-Mar uptrend and[​IMG]

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