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jbourgault
Jun 17, 2016 2:48 PM

XAUUSD Short for one leg lower before resuming upside Short

Gold/U.S. DollarFXCM

Description

Gold just retraced to the 0.5 fib level + touched a previous important trend line and reverted right away.

Let wait a little to see if it doesn't retrace back to higher level...but the propability are in favor of an another leg down from the previous down fall.

Target : 1253
Stop loss: 1303
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