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MIG Bank

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

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Gold: Failure to Break Over 1629.35 Warns of a Relapse

Gold has failed to maintain its rise above the triangular consolidation. Instead the relapse that we had feared has taken place. This now warns of a return back into the recent range and potentially lower.

As mentioned in prior reports, we remain wary of participating in such minor breaks higher as they are deemed as potential traps before a reversal lower.

Daily Technical Report

 

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