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Wednesday, December 11, 2013

Gold trading update 11 December 2013

Hi Everyone

Hopefully the gold price has settled into an upward trend again and we can get back to some more profitable trades.

For me the up-trend was confirmed when the Gold price breached the $1255 resistance level and the technical indicators are lining up for the next long trade to be entered at around the $1263 level. Place your stop-loses at around $1253 and take profit above $1275.

All the best and good luck

Chris