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Gold Trades Below 1,320 Level On Monday

Discussion in 'Technical Analysis' started by Kaitlin, Aug 29, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The yellow metal moved below the 1,320 mark on Monday morning, as the metal is in its seventh consecutive session of decline. During this session, the commodity formed a downward aimed channel pattern, which indicated that the rate is set to reach at least the monthly S1 at 1,315.53 during[​IMG]

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