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9/30/2014 3:18:15 AM

Gold - Technical Analysis: Tuesday, 30/09/2014 07:18 GMT



A continuous stability below 1240.00 level, and signs of bearish pennant pattern, breaking its support at 1214.00 will motivate the bearish wave to continue.

The exponential moving average 50 still supports the expected decline.


Target
Risk


Support
Resistance


Trend Bearish

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