Cycle trading: Gold closes at 8 year high
|Gold closed at an 8 year high on Tuesday.
On Tuesday, gold closed above the November 8th high of 1804.40 making a new 8 year high. What was resistance should now turn to support. And there is not much in terms of resistance stopping gold from testing the all time high of 1923.70 set on Sept 6, 2011.
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