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March 28, 2012

Gold Awaiting Breakout from Central Pivot Zone

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The previous update on gold noted a bearish bias in the short-term with evidence that the market was respecting the "central pivot" (at about 1666.50)as resistance. The RSI showed down side momentum as well, that is until the market rebounded from 1628.10 and came back above the 1666.50  pivot,... FF News: Technical

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