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AndyM
Oct 13, 2015 5:26 PM

Gold - shorting attempt #2 Short

Gold/U.S. DollarFXCM

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HI All,
here's a new labelling of Gold, with possibly an ending diagonal unfolding in C of C. The targets are in hte range of 1175-1185, the latter being the invalidation point of the structure. The reversal in this area is likely to send us lower than the prior low of 1071.
I will be preparing for a short once I see the uptrending structure complete.
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