EliteTrader101
Short

Gold is Crashing

COMEX:GC1!   GOLD FUTURES
38 0 1
This weekly chart shows a clear rejection of the point of control ( POC             ) at the top so now its going to drop to take out the stops below. Once it breaks, see if price holds below for a continuation lower. A lot of people will see this as a head and shoulder too. The US dollar             is still in an up trend and last week was a clear rejection of the lows so this adds to the bearish scenario for gold             .
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