XAUUSD: gold found resistance -11:15 (CET)

20 November 2009 @ 07:35 am EDT

The price corrected yesterday until it found the support where it rebounded Tuesday, but this time it stopped before hitting a new yearly high. The resistance before this new high is 1145.7. It has been tested already twice and if it's not broken, the price will seek yesterday's low and, if broken, meet with 1127.7 and 1123.3.

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