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TFC Commodity Trading Forum

April Gold/ Holding $1650 *PIC*

Here is a line chart of April Gold. While intraday prices have been trading well below $1650 this line chart of closing prices only shows price holding at this $1650 level. A close below would suggest a test of $1630. Only breaking above the downtrendline PLUS clearing $1700 would reverse this weak downtrend that price has been in since early October. All technicals remain weak and bearish.