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GCG17 – February Gold Rally

Long
COMEX:GCG2017   Gold Futures (Feb 2017)
Fib within a Fib. Major pattern engulfing minor pattern. Both bullish.
Minor exceeded 50% extension and now in play to challenge and complete major pattern. If price action continues bullish, expect to hit 50% extension of the major pattern. This rally could bring GCG17 to around 1214.
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