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Gold Technical Chart | 26-Sep11

Gold is in bull run in weekly and monthly charts. But its daily chart something else.

Gold Technical Chart
Gold Technical Chart

This is the technical chart of Gold with Doda-Donchian and Doda-Bbands indicators. They have given Sell signal @1789 and after breaking the important level of 1761.40, Gold is in downtrend. Its major support levels are @1601 and 1552 and on the upside, its resistance is @1728. Watch these levels carefully.

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