XAU/USD Continues Gaining On Monday

Discussion in 'Technical Analysis' started by Kaitlin, Jun 7, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    After US Non-Farm Employment data sent gold drastically up from 1,210.49 to 1,243.86, the bullion did not rebound and continued surging on Monday passing the 55-day SMA at 1,244.09. At the moment, the yellow metal has lost a little of its value and is trading at 1,243.73 per ounce. In[​IMG]

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