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Gold Treads Water Around July Low

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Nov 24, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Yesterday the bullion was pushed below July low at 1,070. However, on Tuesday gold observes another round of purchases, which try to raise the price above the above mentioned technical level. Therefore, current short term estimates remains rather uncertain. Any gains are likely to be capped by the weekly pivot[​IMG]

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