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06th Jun - Gold Slips to 76.4% Support

06 June 2014

WEEKLY CHART – CONTINUATION:

So far the long term 61.8% retracement has supported price dips. It could be coming into focus again…

DAILY CHART – Aug-14:

After a period of consolidation this year another downleg has got going. It has so far neared the 1235.00 76.4% retracement level – temporary support is possible but we think the power should be there to push beyond this subsequently.

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