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PabloDoNazimento
Aug 15, 2014 1:20 AM

XAUUSD Still In range (Ping- Pong Play) 

Gold/U.S. DollarFXCM

Description

The Gold still in a Tight Neutral Range, in my humble view .. the 38,2%($1306,33) can be the next Target for Short positions From $1317/19, the Break of this level can open the Door to the next Floor, and confirm the Bearish rally ,

We can see easy a Kind of Triple Top in 4H charts PLUS to think in possible shorts.
Very interesting scenario for next days & weeks
Lets see how end the week
Comments
PabloDoNazimento
Well, congratulations, Bears we have power :)
good job. Happy wekend
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