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10/15/2014 12:40:26 PM

Gold - Technical Analysis: Wednesday, 15/10/2014 16:40 GMT



The 1240.00 level was breached and the price attempts to hold above it.

The completion of a bullish technical pattern which is inverted head and shoulders’ pattern, reinforced by the positive signal offered by stochastic besides the support coming from the exponential moving average 50.


Target
Risk


Support
Resistance


Trend Bullish

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