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  1. Technical Analysis: Gold Targeting $1300, Crude Oil Breaks Channel Resistance, S&P 500 Rebounds After Finding Support Below 2000 Figure

    by , 01-20-2015 at 09:19 AM
    US DOLLAR TECHNICAL ANALYSIS – Prices are struggling with downside follow-through having topped as expected. A daily close below the 14.6% Fibonacci retracementat 11599 exposes the 23.6% level at 11527. Alternatively, a reversal above the 23.6% Fib expansion at 11699 opens the door for a challenge of the 38.2% threshold at 11796.



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