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Gold






12/5/2014 9:00:49 AM

Gold attempts to hold



Strong bearish rebound after the strength of 1207.65 level, but the breached resistance of the descending channel turns into solid support that supports the continuation of the positive scenario.

Positive signal for stochastic, and breaching 1207.65 is required to activate the positive effect of the double bottom pattern.


Target
Risk


Support
Resistance


Trend Bullish

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