Update: Gold pushes on the key support
Economies.com
2017-02-13 15:24PM UTC
Gold price trades with clear negativity to push on the key support 1221.50, which urges caution from the upcoming trading, as confirming breaking this level will complete forming double top pattern that has the ability to push the price to visit the bullish channel's support that appears on chart before any new attempt to rise.
Therefore, it is important to monitor the daily close according to the above mentioned level to detect the next destination.
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