SMCTRADER08

Gold Breaks From Down Trend Line

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FX:XAUUSD   黄金现货/美元
Looks like gold found major it's support at 1160 and broke from the downtrend line after 2 months of consolidation. It might retest first the 1200 area before it will go higher. Resistance is seen at 1238 and 1262 while support at 1200.

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