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Posts by "nour"
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Posts by Anonymous "nour":
Technical Commentary
A risk aversion induced rally in the USD has put significant downward
pressure on gold. The metal dropped rapidly through several layers
Gold has started the month off on a firmer footing at current 1648.
September was a rough month for the metal falling from 1920 to 1538
before staging the current bounce. The 38.2% of the drop is 1684 so we
expect selling at this level. The key pivot remains 1704, while below this
level there is a risk of a drop down to Double Top target of 1488.
i said this many times on this forum and my twitter in past 5 days
Ashraf hehehe nice joke :P