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patricktapper
Aug 30, 2017 1:40 AM

Caution on Gold Short

Gold FuturesCOMEX

Description

Similar environment and underlying structure to bonds just recently posted.

1. Volume spike on recent high
2. Failed breakout above previous high - bull trap
3. Divergence on slow line of 3/10 oscillator

Interesting to see how this plays out.

Comment

Not considered a failure yet. See what happens over the next day or two.
Comments
mv3trader5
I'm speculating typical pullback before bull run..
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