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Gold's Rally Capped By 1,330

Discussion in 'Technical Analysis' started by Kaitlin, Jun 27, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Gold spiked more than 100 dollars from the 100-day SMA at 1,250 amid the news from the UK, but the rally appears to have been stopped by the rising resistance trend-line. The trend-line has been able to contain rallies since last year's August, and is seen capable of halting today's[​IMG]

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