Gold prices Technical Analysis forecasting May 26, 2011
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Commodities forecast: Technical analysis for gold using graphs and indicators Thursday – May 26, 2011.
The gold markets had a back and forth day during Wednesday’s session, eventually ending the day slightly higher. The market broke above the recent highs, but never really gained the momentum one would have expected upon doing so. Because of this, we are cautiously bullish, but can’t help but notice that the markets have little build up after what looked to be a significant break out to the upside.
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