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Monday, August 4, 2014

Gold - Nymex - Weekly

Best buy & support @ 1296 (current resis) actual resis & best short level  @ 1302 a break above 1310 upside target capped @ 1328 - 1336 however below 1288 downside @ 1276 - 1268

Daily technical showing upward momentum but weekly is firm bearish - hence the strategy is - Early week a pop then a drop 
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