Resistance is Proving to be Resistance

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Lunch Meat

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Resistance is Proving to be Resistance

posted on Nov 30, 2010 02:36PM

No nothing technical about it. The traders just happen to stack the ask at precisely the 61.8% retracement from the last move from 3.70 to 3.04. 3.29 if you're not paying attention.

Let's hope the market maker can flush them out and gold closes somewhere above 1387.

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