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Gold To Set Ground For Prosperous Rebound

Discussion in 'Technical Analysis' started by Kaitlin, May 11, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Outlook for gold prices is remaining moderately bullish, as long as the spot is holding the most immediate support line represented by the 20-day SMA at 1,262.44. The weekly S1 at 1,269.32 should become a subject to a primary test over the next 24 hours, while a success here should[​IMG]

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