XAU/USD (Gold) analysis of the week (4h candlesticks)

 @ibtimes on February 02 2010 5:03 AM

The parity didn't succeed to break out its support at 1080. The price is making a return on 1100. All signals are green but a return below 1100 will invalidate buy signals. It is the break out of 1110 that will give a true buy signal. If this level is broken, we will advise to trade only long positions.

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