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3/28/2017 1:42:44 AM

Gold - Technical Analysis: Tuesday, 28/03/2017 05:42 GMT



Gold price moves within bullish track supported by the positive effect of the inverted head and shoulders' pattern that was completed previously, carried by the intraday bullish trend line since the middle of this month, as we believe that the door is open to visit 1273.00 mainly, and surpassing this level will confirm the continuation of the bullish trend on the longer term basis.

Thus, we expect the continuation of the bullish trend domination on the coming trades, conditioned by the price stability above 1235.00.


Target
Risk


Support
Resistance


Trend Bullish

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