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Markets

XAU/USD (Gold) Technical Analysis

Updated the:

10/05/2010XAU/USD (Gold) Technical Analysis comments :Sentiment:

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The parity continues its bullish movement and is testing a breakout of 1320. If validated, a new buy signal will be given. All indicators are bullish. We maintain to trade only long positions as far as 1310 is support. It is hard to determine next levels of resistance because the parity is moving in an unknown territory.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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