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Gold - 23/12/2011 - stability above the $ 1600
Stabilize the price of gold trades above the 1600.00 dollars an ounce is shown as weak trading volumes significantly over the trading of gold, the price is moving in a very narrow range.
In general, we still see that the chances of achieving the expected bearish tendency list, and stochastic provide negative signals on the daily timeframe support our targeted levels of 1540.00
Expected trading range for today is between: Support and resistance 1540.00 1666.00
General tendency is expected for the day: the downside
Stabilize the price of gold trades above the 1600.00 dollars an ounce is shown as weak trading volumes significantly over the trading of gold, the price is moving in a very narrow range.
In general, we still see that the chances of achieving the expected bearish tendency list, and stochastic provide negative signals on the daily timeframe support our targeted levels of 1540.00
Expected trading range for today is between: Support and resistance 1540.00 1666.00
General tendency is expected for the day: the downside
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