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Tristar
Jul 11, 2013 1:34 PM

Gold turning up Long

Gold/U.S. DollarFXCM

Description

on the 15 minute chart on Gold, we clearly see a head & shoulder classic pattern . However, if this does not follow a false break above 1299 could lead to a higher resistance level of $1321 , $1391 and $1420

With the Dollar gaining strength and increase buying in Gold, the price will continue moving in ascending order.
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