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Pashabxl
Aug 29, 2014 9:14 AM

XAUUSD: Keep the big picture in mind 

Gold/U.S. DollarFXCM

Description

We should always keep the big picture in mind. When focusing too much on a daily trend, of hourly trend, one may forget the big picture here it is.
1180 remain still the entry point if not lower then 1150 such as 1060 or 968.
Clear formation of a falling wedge.... And we do exit from a falling wedge from the upside.....XAUUSD
Comments
2lalit
agree... not so far frm my longterm forecast downside target of A BEARISH CONTINUATION PATTERN @ $1070 - $975 after LOW $1180
Jamil_Ahmed
yes decending triangle
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