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Technical analysis on Gold for May 7, 2018
Gold price has broken out of the bearish channel, but remains below the Ichimoku cloud resistance in the 4 hour chart. Trend remains bearish as long as the price is below $1,320. On a break above $1,320, we will have short-term higher highs and higher lows. Combined with the bullish divergence in the RSI, we […]
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