Archive - Jul 10, 2014

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Gold Surges Above Resistance At $1,334 As Israel Prepares Possible Invasion Of Gaza

Submitted by GoldCore on 07/10/2014 06:34 -0500



Gold had strong chart resistance at $1,334/oz as this was the 61.8% retracement of the March to June retreat. Gold has now broken convincingly above resistance and the key 50, 100 and 200 day moving averages (see chart).

 
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