XAUUSD-10:55 (CET)

on November 12 2009 8:18 AM

Gold has already accustomed us to new historical highs almost every day. Right now, the price is retracing from the last upwards movement and the possible areas for the price to build a new support to try to seek new highs are 1112.5 / 1109.8 / 1106. If it decides to hit a new high today, the daily pivot points over the current high are 1135.77 / 1127.27.

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