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848evo
Oct 11, 2016 12:21 PM

Gold Cluster Chart 10-11-16 

Gold/U.S. DollarFXCM

Description

PA is trying to make it further down but is meeting a lot of resistance. DXY is also about to hit the first 61.8 resistance level. From here, PA could keep dropping down, but more likely we will see a retrace up to hit the blue buy cluster and red sell cluster before the final drop. Will wait and see but overall still bear biased.
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