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    XAU/USD: technical analysis on 30.11.2015

    On the daily chart, the pair is trading just above the lower MA of Bollinger Bands. The price remains below the EMA130, EMA65 and EMA14, all directed down. The RSI is failing to break out from the oversold zone as it tested its resistance at 32 mark two times last week. The Composite is falling towards its MA’s. 

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