Tristanbower

Gold fighting first zone resistance

TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold is looking to retest it's current trendline as it fights first zone resistance around $1550. With FED policy it wouldn't be surprising to see more investors look for a means of store value. All three indicators still bullish let's see if gold can push through the $1550 zone and then test it for support. If the trendline fails it wouldn't be surprising to see Gold test $1400's again

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