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AntMwah
Sep 11, 2016 10:37 AM

Gold - Trading Range 

Gold FuturesCOMEX

Description

Gold is still looking for direction. In the meantime it has a (narrowing) trading range between $1351 at the top and $1320 at the bottom. Long / Short between these levels.

Break $1351 is a clear long signal for a move upward towards $1400.
Break $1320 is a clear short signal and will likely trigger a move towards $1200
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