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ChristopherCarrollSmith

Gold at resistance; buy retracement to support lines

Gold Spot / U.S. Dollar (FX:XAUUSD)  
ChristopherCarrollSmith Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Lines Support and Resistance Gold fed
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trendline supportandresistance gold fed
Gold hit resistance around the March 2014 high of 1391.97. Wait for retracement toward upward-sloping trend line to buy. Likely support at February high of 1346.61.
Comment:
Wow. Gold just continues to soar higher and higher! All of this on the misplaced hope of a rate cut in July!

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