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garyw2u
Nov 4, 2013 2:26 PM

ABCD on GOLD? Long

FX:XAUUSD240
Gold/U.S. DollarFXCM

Description

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With support looking to be found at 1305-1310, 50% retracement of previous upswing there is the potential for an ABCD pattern to form, with it beginning the CD wave now, targeting 1416. If long, look for possible resistance at 1360
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