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Gold up another $10- EUR and AUD bounce back

By Sean Lee  || November 23, 2009 at 00:10 GMT
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Gold closed in NY at $1150/oz and has already added another $10 this morning. This has had the effect of dragging EUR/USD and AUD/USD back up after an earlier attempt at selling JPY crosses failed to gather enough momentum to break below Friday’s parameters. EUR/USD has broken above 1.4870 and next resistance is at 1.4930. AUD/USD resistance is fairly solid at .9230.

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Category: All, Asia, Commodities
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One Response to “Gold up another $10- EUR and AUD bounce back”

  1. Tajul Akbar Bin Ismail on November 23rd, 2009 01:05 GMT

    Can short gold @ 1156 T/P @ 1152, there was a big gap during opening that needs to be fill … of course this strategy does not always work



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