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12/15/2014 1:44:47 AM

Gold - Technical Analysis: Monday, 15/12/2014 06:44 GMT



Slight decline but it is inside a minor falling wedge pattern, hinting a waited positive motive that will be activated by breaching 1224.00 level.

Continuous positive support from the exponential moving average 50, and stochastic is positive now to reinforce the chances of achieving bullish actions in the upcoming period.


Target
Risk


Support
Resistance


Trend Bullish

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