GOLD - THE SLIDE CONTINUES

Gold failed to bounce as i expected and extended its slide to close below the trend line support from 1120 low. This break below the trend line shows the possibility that downside move can extend further towards 1210-1190-1175 area. While the resistance at 1236-1240 looks strong for the moment.
ForexGoldgoldtradingMetalsTechnical AnalysisTrend Line Break

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