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Flubberpants
Mar 12, 2015 5:15 PM

Gold Channels  Short

Gold FuturesCOMEX

Description

After my unsuccessful cheeky long attempt, this is where I see gold headed.

Series of LHs (Lower Highs) and LLs (Lower Lows) gives us a beautiful channel. Breach of green channels will signal a more bearish out look for Gold - prices may test $1100 area soon.

Keep your eyes peeled.
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