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Tuesday, September 14, 2010

ForexTrade - Technical Gold - Midday Report September 14, 2010

Tuesday, September 14, 2010
ForexTrade - Technical Gold - Midday Report September 14, 2010 GoldMidday Report
 
Gold succeeded in reaching our detected re-test levels, where it touched the previous broken uptrend line from below. As we discussed earlier, this action might create a right shoulder for a potential head and shoulders top pattern. Thus, we keep our bearish scenario unchanged for the rest of the day. The

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