Gold approaching support at 1636

Gold is declining sharply. It is approaching its recent low and key support at 1636. A successful test is needed to suggest the start of a potential base formation. Hourly resistances can be found at 1654 (intraday high) and 1671 (02/01/2013 low). • Gold is in a secular uptrend with strong su…

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Gold approaching support at 1636 – MIG Bank

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