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XAU/USD Tests Resistance At 1,326.43

Discussion in 'Technical Analysis' started by Kaitlin, Sep 15, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The yellow metal tested the resistance of the monthly PP at 1,326.43 once more on Thursday morning. However, the bullion did not manage to break the resistance, as on Thursday morning it was even stronger than on Wednesday, as the 20-day SMA at 1,327.91 strengthened the pivot point. The almost[​IMG]

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