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Following on from an earlier update, noting the potential for Gold to test its 21 day moving average, that is pretty much what it has done and rejected a move below it at the first time of asking. So, it is hoped; that the information you at your disposal earlier might have helped some of you in some way? The low seen oil gold was set at $1,956.74 which was just above the 21 day moving average, now at $1,956.30, having risen slightly from where it was earlier this morning. Gold has now rebounded to above $1,965 as I write this update. It does remain to be seen, if the low on the day is now in place, or if there is another attempt to retest the level. Gold is just now trading at $1,966,65
Owing to technical reasons, after this there will be no more updates from this analyst until early tomorrow morning. In the meantime, we should note...
Not long ago the DAX lifted above 22,425 and that means it has lifted further above the last technical rebound level of note (22,299.29). Of course it...
There is not that much of importance due out today in terms of US data releases or Q1 earnings reports. However, as far as earnings go, that sees...
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