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[QUOTE="ddukic, post: 35773, member: 17645"] Gold 14/11/2012 - 4h Chart Analysis [IMG]http://fxlisting.net/images/gold240-14112012.jpg[/IMG] GOLD 4 HOURS CHART SUGGESTIONS: The price was repeatedly resisted by the 200SMA for the last 4 trading sessions. We all understand that a fall is eminent. Otherwise, we need a “firework” to motivate the traders push the price above the 200SMA [IMG]http://fxlisting.net/images/gold240Z-14112012.jpg[/IMG] SUGGESTIONS: The price is compressed by the 200 and 50 SMAs. The technical analysis set up that is created since the 5th of November 2012 is called “flag”, “pennant” or other similar names because it looks like. Please be alert. Please be informed about the mentioned set ups and their possible evolutions. [/QUOTE]
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