Gold Price Market Trading

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Weekly Chart of Gold price
From the picture you can see that gold price finished wave 4 and moving to test at resistance (about 990 ). In my idea it can pass this point and make new high because MACD is very strong + RSI and Moving aveerage have trend. Target at about 1,300. Gold price will vary with US dollar and oil but now all the world is recession, of course when dollar is fall, gold price is rise.

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