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12/2/2014 2:49:59 AM

Gold - Technical Analysis: Tuesday, 02/12/2014 07:49 GMT



The price stability above the descending channel’s resistance and negotiating the neckline of the double bottom pattern.

Daily close above 1207.65 is required to confirm the continuation of rising, which is supported by the exponential moving average 50.


Target
Risk


Support
Resistance


Trend Bullish

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