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Published On: Mon, Dec 1st, 2014

Gold – Technical Analysis (01.12.2014)

Gold's bounce from $1146.75 signals that it might be in for some more upside. Immediate support is offered by the $1142.50-$1146.65 support.

Gold’s strong bounce from $1146.75 signals that the precious metal might be in for some more upside. Immediate support for the precious metal is offered by the $1142.50-$1146.65 support, while $1131 is crucial to the downside.

Gold’s next target is $1204, followed by the key resistance at $1240.


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