Gold prices remain in an uptrend after breaking through the resistance line (in red) connected from the all-time highs. This break looks very similar to the one that occurred in 2009 when gold was trading around $900 per ounce. In fact, from an Elliott Wave perspective, recent sideways price action from August 2011 high was
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]
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