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XAUUSD - Daily technical Outlook (11:03 CET)

05 Nov, 2009 @ 08:11 am ET | written by Forextribe


The parity stopped its movement below 1100. We advise to draw the fibonacci retracement of the last bullish movement to see levels of supports (located at 1081 (23.60%)). A break out of 1098 will offer a new buy signal. We will still advise to trade only long positions as far as the price is above 1080.

http://www.tribuforex.fr/img_vrac_2/xauusd05112009.png

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