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TFC Commodity Trading Forum

Gold/Testing 1st Resistance *PIC*

Gold broke out of its tight range above its downtrendline this morning and is testing 1st resistance at $1352. Good sign to clear the downtrendline from Dec (so far)but price still needs to clear and hold above $1352 price resistance to suggest a return to the uptrend. Major Gold stocks and ETFs are also testing 1st price resistance points.


 
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