Gold in second leg of medium term consolidation with current rebound

<p>Gold’s break of 55 day EMA now suggests that fall from 1703.28 has completed at 1451.16. Notable support was seen from 55 week EMA and above 1445.59 structural level. Nevertheless, such decline is just seen as the third leg of a medium term corrective pattern, to the whole rise from 1160.17. Therefore, while further rebound […]</p>
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