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Wineclaw
May 17, 2017 12:48 PM

GOLD coming up on Fib Extension level 

GOLD (US$/OZ)TVC

Description

Gold is making a run towards the 0.382 extension level on Trump fears. Breaking that level, I can see a retest of 1294 in the summer, but only if uncertainty in the US' political future continues.

Comment

Bounced off 0.50 instead

Trade closed: target reached

Gold tested 1294 twice during the summer before a breakout.
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