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BrianPenrod
Sep 1, 2016 11:43 PM

GLD potiential harmonic pattern Short

SPDR Gold TrustArca

Description

looking at a potential harmonic pattern gartley pattern in GLD. So far the numbers look good.

I'm short with put options until CD leg is confirmed.

Plus fundamentally I think we will see a good jobs report tomorrow (180K +) which will lead to a stronger dollar and weaker gold.

Thanks for viewing and this is just my opinion.

Bud

Comments
LetsBeMillionaire
dude you are trying to form BAT pattern but its not going there...can clearly see it. come out of your shorts. Look at last 4 weeks job data and u can figure out what will be monthly data tomorrow. Already Gold is ready to bounce. Just ready for trigger point. Careful
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