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Casey_Yeo
Aug 4, 2014 3:13 AM

GOLD Short

Gold/U.S. DollarFXCM

Description

Market found support at 1280 and bounced up. Bearish cypher pattern is in progress to completion. Potential D completion point coincides with resistance zone drawn from daily chart around 1315. This area also coincides between 50% and 61.8% retracement of the recent downswing. Will be looking to short when price action permits.
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