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GOLD Outlook 14-18 March, 2016 | March 13, 2016
Gold has failed to break the resistance zone at 1278 level. It has rejected from resistance level for several times. Now we can see big bearish candle on gold which indicates bearish power. So we can prefer to stay on sell mode on gold for next week.
1270 level can be good sell zone for gold. Near to this level, if we find bearish candle confirmation, then we can take sell entry with targeting 1240 level and then 1220 level.
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