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Tuesday, April 17, 2012

17 | Daily


DAILY - Gold still on consolidation phase, it's like trapped in between. On time frame 4H, it's in between 1655 (50% Fibonacci - weekly range) and the down trend line, while on time frame 1H Gold is already above 1648 (50% Fibonacci - daily range), but MACD is still below the zero line.

Personally, I will stay out of the market for awhile.

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