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NeeteshJain
Aug 31, 2016 3:15 PM

Gold Completes Flat Correction, Next Bullish Upmove Long

Gold/U.S. DollarFXCM

Description

The price action is been ranging in a rectangle consolidation where it is forming a Regular Flat Correction pattern that indicates completion of corrective phase and beginning of a new bullish move or trend. A good risk to reward setup.

Keep a Stoploss: 1290
Target 1: 1340
Target 2: 1375
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