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FX.co ★ GOLD Intraday Technical analysis

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Forex Analysis:::2011-02-16T08:48:42

GOLD Intraday Technical analysis

GOLD Intraday Technical analysis

Gold has broken yesterday its horizontal resistance at 1367 resulting in an acceleration. A pullback on these levels is expected before a resumption of bullish.

According to previous events, the market indicates a bullish opportunity on the levels of 1367 with a 1st objective of 1377, then 1382. A break in 1365 would invalidate this scenario.

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