Gold – Bullish breakout at 1588

Gold is moving sideways within the horizontal range defined by the support at 1556 (21/02/2013 low) and the resistance at 1619 (18/02/2013 high). The break of the hourly resistance at 1588 (01/03/2013 high) calls for a test of the high of this range. An hourly support is at 1585 (intraday high…

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Gold – Bullish breakout at 1588

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