GOLD Uptrend Started And Is Targeting $1350
Forex Million | Sep 26, 2013 04:11AM ET
Main scenarion:
Break of level $1328 completed development sideways, and started uptrend to resistance level 1350 and then to 1365.
Alternatie scenario:
If gold will break support level $1328, and we can have correction to support $1320 with uptrend continuation after its rebound. But, if the market will go below $1320, a downtrend will be strengthened and we will see support on the $1310 level.
Supports: 1330/28 (strong), 1320 (main), 1310 (strong)
Resistances: 1334 (intermediate), 1350 (main), 1365 (strong)
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