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3/24/2017 3:39:06 AM

Gold - Technical Analysis: Friday, 24/03/2017 07:39 GMT



Gold price attempts to get positive momentum to assist it to resume the bullish trend, and the price still affected by the previously completed inverted head and shoulders' pattern, which its full targets reach to 1277.00.

Thus, we expect the continuation of the bullish trend domination in the coming period, noting that settling above 1235.00 represents the first condition to continue the expected rise, and breaking it will push the price to test the most important support at 1217.00 direct.


Target
Risk


Support
Resistance


Trend Bullish

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