InstaForex - Analytics

    InstaForex

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    Gold technical analysis for February 16, 2016 2016-02-16

    Gold price has made a pullback towards the 38% Fibonacci retracement, which was the minimum pullback target we recently gave, and successfully back tested the broken resistance levels of $1,190-$1,200. We may see another new upward move towards $1,300.

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