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    Gold technical analysis for March 16, 2016 2016-03-16

    Gold is in a downtrend and has most probably made a short-term top at $1,283. Even if price makes a new higher high, Gold is expected eventually to come down towards $1,200-$1,150 for a corrective pullback. If not yet complete, we are at the final stages of the rise from $1,045.

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