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Gold Spot / U.S. Dollar
Long
Dec 29, 2016
Gold Tagging 50 DMA
1
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Gold will likely tag the 50 day MA and continue moving downward thereafter, at the .382 retracement point of the previous large down trend.
If gold closes on a daily chart below 1110 this should signal a return to the lows from 2015.
michael.j.macauley
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Gold
XAU
XAUUSD
michael.j.macauley
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