themarketzone

Next Major Sell Zone for Gold?

AMEX:GLD   SPDR GOLD TRUST
The Dollar Index             collapse below the 94$ support zone ( $DXY             ) drove $GLD above previous high.
$GLD will complete a bearish Crab pattern near 127-128$ there it will also meet the 200 weeks MA and a weekly structure zone.

Tomer, The MarketZone

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Comment: Price continues to advance towards pattern completion
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