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4 Aug 2014
Gold currently bearish
FXStreet (Łódź) - Independent Analyst Vladimir Mihaylov suggests that gold's new resistance at 1292 will keep it from rising above 1300.
Key quotes
"Once above 1300 another resistance will come at 1306-1310."
"Only above it the upside will be restored and you may enter long for 1331 and 1346."
"Below 1285 gold may lose ground completely."