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Gold Treads Water Around July Low

Discussion in 'Technical Analysis' started by Kaitlin, Nov 25, 2015.

  1. Kaitlin

    Kaitlin 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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