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San Diego | silver needed to hold the 200-day SMA and it did, finishing a 'gann' 7 weeks down!
On the technical front, gold is starting to post bullish signal once again on moving averages, RSI, STOCH and MACD. Further, gold printed a bullish engulfing candlestick pattern on the weekly chart (lower low, higher high and closing near the high), in the process recording its first weekly higher close in five weeks after being rejected at $1,796.
...would think gold liked the fact that Isreal fired into Syria for the first time since 1973
cheers! | |
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