Gold – Fading near the resistance at 1619

Gold has thus far failed to break the top of its horizontal range defined by the support at 1556 (21/02/2013 low) and the resistance at 1619 (18/02/2013 high). Monitor the hourly support at 1600 (19/03/2013 low). Another support can be found at 1577 (14/03/2013 low). • Gold is moving in a long…

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Gold – Fading near the resistance at 1619