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3/20/2017 3:20:34 AM

Gold - Technical Analysis: Monday, 20/03/2017 07:20 GMT



Gold price returns to rise after the recent sideways fluctuation, which supports the continuation of the expected bullish trend for the coming period, which its next target located at 1260.00, noting that this level represents the previously broken bullish trend line, thus, the price needs to surpass this level to confirm continuing achieving gains on the long term basis.

Overall, we expect the continuation of the bullish trend in the coming days unless the price pushed on 1217.00 and broke it again.


Target
Risk


Support
Resistance


Trend Bullish

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