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Gold Tests Key Trendline Support As Buyers Emerge

Gold extended downside movement on Friday, dragging the price of yellow metal to less than $1190 in a thin volume session. The technical bias remains bearish due to Lower Low on the daily chart. The precious metal is apparently consolidating around the 1180-1200 zone before moving into either of the directions.

Friday, 28 Nov, 2014 / 12:51

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