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Wednesday, March 21, 2012

GOLD | Daily Range | 21.03.12


Gold couldn't breach the level of 161.8% Fibonacci yesterday and went up for some corrections. Some consolidations might be seen today before it continues going down to test yesterday Low at around 1641or even lower at 1634 - 1627.

If the price breaks and remains above 50% Fibonacci, then the price might flip back to the up side.

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