October Mini Gold is setting up for a Bearish Butterfly and/or double top at 1300. Predicting Bullish Shark following. Gold is bullish rather than bearish overall, so drop may not be significant after Butterfly. RSI is overbought.
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Mini Gold continues up. Next target previous R2 and double top at 1301.10.
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Mini Gold climbing again on USD weakness. Heading towards C position of the Shark. If USD doesn't turn around or remains weak, we may see a bullish Cypher.
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Mini Gold hit C position target and fell. Next downside on further USD buy to R2 at 1291.21