Fouezz
Short

SHORT XAU/USD

FX:XAUUSD   Gold Spot / U.S. Dollar
60 0 0
Cypher pattern formation finally completed (dating from October 2013). This trade provides a great RRR             (3) and the 1330 level is likely to hold, as it has been tested both as support and as resistance in the past.

Other fundamental factors accentuate the idea behind this position, but the technicals alone show that goal is very likely to see a reversal.
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