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Gold Prices May 31, 2012, Technical

posted by Avatar FXEmpire 359 days ago in Technical, Daily, Gold

The gold markets had a positive session on Wednesday in order to bounce from the $1,540 level again. The recent action has been very consolidative, and it looks as if the market is settling into a comfortable range at the moment. The bottom is without a doubt the $1,500 level, while the top is clearly defined as $1,600. Because of this, we expect c
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