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Technical Focus: Gold Loses Some Shine; Watch 1180

Technical Focus: Gold Loses Some Shine; Watch 1180

Jamie Saettele, CMT, Sr. Technical Strategist

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  • Still within broad downtrend but December low is at channel midpoint, which is promising on a long term basis
  • 1180 is a key level to watch for support
  • Check out the DailyFX trading guides and webinars for ideas and education.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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