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Technical Analysis On Gold

Monday March 4th 2013

images/uploads/SPL Workbook Gold 04-03-13.pdf

~ The market is currently in the vicinity of USD1572/Oz.

~ Has broken lower limit of support in channel at USD1612/Oz on February 19th.


~ Downside risk to key medium term support USD1542.72/Oz.

~ Buy an approach toward USD 1542 with a 5% stop loss; set a first target of USD1682, +9%.

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