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titi
Sep 4, 2013 11:48 AM

Careful possible H&S 

Gold/U.S. DollarFXCM

Description

Behaviour quite similar to GBPUSD since June 2013, with first move down to neckline then a rebound as 2nd attempt to retest 1414 and then move down to 1352 measured move H&S.
Comments
sunny
still in channel. what do you think?
titi
Up to now XAU has been behaving from the top as I expected. Shoudl the H&S play out, it can reach the channel base at 1352 which is also the measured move H&S. Until then, I think as the red arrows on the chart.
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