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GOLD, Weekly forecast, Apr 11 - 15: rebounding from 1260 to support 1215

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 11, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Main scenario: The pair is trading along an sideways trend between support 1241 and resistance 1260. An downtrend will start as soon, as the pair drops below support level 1241, which will be followed by moving down to support level 1215. Alternative scenario: An uptrend will start as soon, as the pair rises above resistance level 1260, which will be followed by moving up to resistance level 1282.

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