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2/3/2015 2:14:18 AM

Gold - Technical Analysis: Tuesday, 03/02/2015 07:14 GMT



The bullish rebound after achieving the initial targets of the minor double top pattern, to resume the main bullish track, which is supported by the positive effect of the inverted head and shoulders’ pattern.

Stepping above the exponential moving average 50 forms a good positive support for the bullish scenario for the upcoming period, waiting to gain positive momentum that assists to achieve our positive targets.


Target
Risk


Support
Resistance


Trend Bullish

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