zipink
Long

Spot Gold - Potential Long for 17 Jun 2013 Week

COMEX:GC1!   GOLD FUTURES
133 0 0
There was no follow-through selling after the red bearish bar.
Those who shorted will be trapped if price continues to go up higher this coming week - 17 Jun 2013            
Stop will be at swing low.
It is forming a higher low, suggesting that there is underlying buying and the bears are not strong enough to take down prices anymore.

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