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Gold Techical report of depoth of 14.3.2014
The “insurance” trade came back into play yesterday to push gold higher and go an extended thanks to restoring positive configuration on daily momentum indicators. a rather bout of consolidation nightlong has allowed intraday hourly technical indicators to unwind and currently the support around $1364.04 can war increased importance. while the tensions within the country still mount stepping into the weekend, expect pressure on the resistance of the nightlong high at $1376.02.
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