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Gold trending down

Discussion in 'Commodity Trading' started by real_buzz, Dec 11, 2012.

  1. real_buzz Moderator

    if you are commodity trader and looking to trade in Gold then it couldn't be a good time do that. Gold is not able move beyond the crucial resistance level of $1790-1800. This is hindering the further upside.

    Gold is expected to remain in downtrend for some time with resistance at $1720-1732. It's current target is $1673/1635.

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