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Gold keeps above 200 day MA and 50% retracement

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Old 08-05-2018, 19:09
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Default Gold keeps above 200 day MA and 50% retracement

Little reaction so far after US withdrawal from Iran nuclear deal The price of gold has been bottoming against the 50% of the move up from the December 2018 low at $1301 and the 200 day MA at $1305. The low today reached $1306. The low last week reached $1301.79.

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