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Lorenzo_Esco_Al_Bar
Feb 14, 2018 1:57 PM

Head and Shoulders pattern on Gold (XAU/USD) Short

GOLD / U.S. DOLLARICE

Description

Dollar rises after today's CPI data. A solid head and shoulders pattern on XAU/USD is revealing itself. The 1314.26 price brakeout will be the sell off signal, with a possible target around the 1300 area, where Fibonacci and the 100 period exponential moving average support the price.
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