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18.04.201110:02 Forex Analysis & Reviews: GOLD Intraday Technical analysis

Long-term review

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Gold has broken the intermediate resistance of its medium-term bullish channel to 1482 resulting in an acceleration. A pull back on these levels is expected before a resumption of bullish.

According to previous events, the market indicates a bullish opportunity on the levels of 1482 with a 1st objective of 1493, then 1496. A break in 1480 would invalidate this scenario.

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