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04Feb 14
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The history of gold is an interesting one, its use as a type of currency dates back to the fifth century B.C. Coins uncovered in Turkey from that period contained close to 100% gold alloy. Since the value of a coin was based solely on the amount of metal it contained, the country with the most gold coins was considered to be the wealthiest. Over the years, competition created by countries contending for the spot as the richest country in the world has had a direct impact on global expansion. Columbus and other explorers in the 1500’s were sent to the New World in search of gold; the California gold rush was brought on by gold nuggets discovered at Sutton’s Ranch in 1848. 

04Feb 14
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 EUR / USD pair is trading on the hourly chart within a neutral trend . It shows that the EUR / USD is trading below the moving average with period 55 on the hourly chart (level 1.3515 ) , which has reduced prices in the short term.Signal for a long position will be breakdown up to an hour of resistance at 1.3535 in order to increase the resistance level at 1.3558 and in case of breakdown up to an hour to 1.3576 . Stoploss for this strategy can be placed at 1.3500 .Signal for a short position would be the breakdown on the basis of hours of support at 1.3505 to decline to the support at 1.3480 and in case of breakdown up to an hour 1.3455 . Stoploss for this strategy can be placed at 1.3545 .Given that the moving average and the location of the boundaries of technical figures over time, moves to the hourly chart to adjust their status. I also recommend the open position up to an hour to avoid false breakouts.In the case of a strong movement in the breakout technical figures , I recommend to wait for the correction . That level, which was the resistance should be strongly supported and it was near this level should open position in the direction of the breakdown .Alexei Oleg , portal "Forex Analysis " - signals , forecasts 
04Feb 14
558 views 0 comm.
GBP / USD pair is trading on the hourly chart within a neutral trend . Rate is below the moving average with period 55 on the hourly chart , the level of 1.6390 , thereby reducing prices .Signal for a long position will be breakdown up to an hour of resistance at 1.6349 in order to increase the resistance level at 1.6373 and in case of breakdown up to an hour to 1.6397 . Stoploss for this strategy can be placed at 1.6310 .Signal for a short position would be the breakdown on the basis of hours of support at 1.6319 to decline to the support at 1.6291 in case of breakdown up to an hour 1.6264 . Stoploss for this strategy can be placed at 1.6355 .Given that the moving average and the location of the boundaries of technical figures over time, moves to the hourly chart to adjust their status. I also recommend the open position up to an hour to avoid false breakouts.In the case of a strong movement in the breakout technical figures , I recommend to wait for the correction . That level, which was the resistance should be strongly supported and it was near this level should open position in the direction of the breakdown .Alexei Oleg , portal "Forex Analysis " - signals , forecasts

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