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11/14/2014 1:17:35 PM

Gold - Technical Analysis: Friday, 14/11/2014 18:17 GMT



The completion of a double bottom pattern by breaching 1178.00 level will push the price towards 1200.00 followed by 1220.00 areas, and today’s candlestick closing above 1178.00 will confirm the rise.

Positive support from stochastic and the gradual rise from the bulls’ power indicator.


Target
Risk


Support
Resistance


Trend Bullish

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