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without_worries
Apr 13, 2019 2:21 PM

Spot Gold crash incoming Short

GOLD / U.S. DOLLARICE

Description

Large head & shoulders, monthly Stochastic crossing over to downside (alarm bells), and has now failed to find support on the 100 month moving average, most recently rejected twice. Wait for <1K before considering.

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Monthly Stochastic RSI crosses down 80 after rejecting RSI

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Why does spot gold look so bearish in the face of central bank money printing?

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$1300 next support

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