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Tuesday, October 21, 2014

Gold Comex - CME update - 21 Oct 2014

Gold 5hrs Trend has made a spinning top formation, Which indicates a bearish trend in motion along with that $USDX or $DXY has also made a low of 84.99 - 84.80 vs our weekly best buy level 85 taken support & now trading @ 85.37, inching towards 85.51 abv that 86.02 which also has a bearish impact on Gold Prices 

XAUUSD Remains a sell @ 1254 for target 1237 - 1226 

Now @ 1252.20
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