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Gold's Correction Is Stopped By July Low At 1,070

Discussion in 'Technical Analysis' started by Kaitlin, Dec 8, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    Volatility of gold prices remains quite high for the moment, as we are nearing the crucial meeting of the Fed, which is weighing on the Dollar's value. Yesterday we saw the bullion tumbling from Friday highs at 1,085 to July low around 1,070. The monthly pivot point used to be[​IMG]

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