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GOLD Weekly Technical Outlook 8-12 February, 2016 | February 6, 2016



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Gold is on good bullish momentum. So we can see some bullish rally on this pair. Gold is flying continuously which indicates its bullish power. So there is no sign of bearish momentum on gold.


If we find any bearish sign on daily chart, then we can sell on gold. For sell on gold, 1183-1185 level is good selling zone. So if we find this pair on that zone, then after getting sell confirmation, we can go for sell on gold. Otherwise, it is better to stay on bullish mode.


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