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theTrendtradr
Apr 30, 2016 8:00 PM

Gold Chart Update: Weekly Buy Signal Hit Long

Gold/U.S. DollarFXCM

Description

Gold hit a weekly buy fractal without trading back into the balance zone. That means it didn't really want to breath, instead the pressure to go higher seems to be extensive, a weekly close above the breakout fractal level as we're seeing right now supports that. Just like in Silver, this market seems to establish a new overall uptrend.
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