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nvrstpexploring
Apr 2, 2016 7:53 PM

2007-2011 Retracements XAUUSD 

FX_IDC:XAUUSD1D
GOLD / U.S. DOLLARICE

Description

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Each bullish wave from 2007-2011 experienced a major retracement after months of gains. The average retracement fell between the .382 and .5 fibonacci zones. The first and last wave experienced a .886 retracement.
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