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chartwatchers
Feb 7, 2016 11:18 AM

GOLD - a move down to the daily cycle low is coming Short

GOLD / U.S. DOLLARICE

Description

The last daily cycle length was 19 days. We are now on day 16.
At the beginning of next week bears will try to take control in gold.
Gold will move down to its daily cycle low.

Friday on the daily chart we had a powerful Bollinger Band crash signal.

Bear is over ? Possible.
Open the position at this daily cycle low. Not the top.
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