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Forecast and Technical Analysis of the Gold Futures January 18, 2016

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The price of gold futures once again changed direction and fixed above the moving average. Senior Channel directed downward, indicating that the downward direction of movement of the global trend. Junior channel directed upward, which means the upward direction and in the medium term. At the moment the price is above the moving average and higher than Murray's "5/8" indicates that the upward movement in the near future.

Forecast and Technical Analysis of Gold Futures on January 14, 2016

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The price of gold futures turned and fixed above the moving average line. Senior Channel directed downward, indicating that the downward direction of movement of the global trend. Junior channel directed upward, which means the upward direction and in the medium term. At the moment the price is above the moving average and higher than Murray's "5/8" indicates that the upward movement in the near future.

Forecast and Technical Analysis of Gold Futures on January 13, 2016

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The price of gold futures was fixed below the moving average line, and is continuing to decline. Senior Channel directed downward, indicating that the downward direction of movement of the global trend. Junior channel directed upward, which means the upward direction of travel in the medium term. At the moment the price is below the moving average, and below the level of Murray's "6/8" indicates that the downward movement in the near future.

Forecast and Technical Analysis of Gold Futures on 11 January 2016

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The price of gold futures corrected to the level of Murray's "6/8" and jumped from it. Senior Channel directed downward, indicating that the downward direction of movement of the global trend. Junior channel directed upward, which means the upward direction of travel in the medium term. At the moment the price is above the moving average and higher than Murray's "6/8" indicates that the upward direction movements in the near future.

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