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11/1/2018 1:20:20 AM

Gold - Technical Analysis: Thursday, 01/11/2018 05:20 GMT



This report is sponsored by Adax.ae

Gold price faced good resistance at 38.2% Fibonacci correction level to decline again, indicating the resumption of the bearish trend, and breaking 1208.50 will push towards 1160.00 on the near term basis.

Surpassing 1238.50 will push the price for more bullish correction.



adax


Target
Risk


Support
Resistance


Trend Bearish

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