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Old 09-04-2007, 04:38 AM
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ForexYard ForexYard is offline
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Post ISM Manufacturing on Tap.

Gold: Gold broke the 673.45 resistance level. Gold is in an uptrend supported by 1H exponential moving averages. The volatility is low. Bollinger bands are tightened. We should expect to see today a bullish configuration. 1H, 4H Elliott pattern implies that the Gold should to gather momentum also today. The target is expected at 675.00. This provides Forex traders with a great opportunity to go long on a very healthy uptrend.
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