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[QUOTE="FxGrow Support, post: 129471, member: 34135"]
[B][SIZE="4"]FxGrow Daily Technical Analysis – 6th June, 2017[/SIZE][/B]
[I]By FxGrow Research & Analysis Team[/I]

[B][SIZE=5]Gold Invades 1280 level Successfully, Currently at 1290 Level[/SIZE][/B]

A superb home run for gold today rallying from 1279.61 low, with resistance levels falling like domino bricks and after finishing 1280 successfully, the yellow metal is currently busy with 1290 level after clocking a high at 1293.74 for now, but expectations for advanced inclines seeing 1295 as the first bump (R1) with previous setbacks from this point. In case gold over passed it, there are no restrictions for XAUUSD seeing 1300+ as next conquest.

In absence of macro-economic interpreting the sharp rallies and reasons for heavy demand for gold today, UK coming elections this Thursday June 8th could be ...

[I][SIZE="1"][B]Note:[/B] This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.[/SIZE][/I]
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