EricTj
Short

GOLD SHORT TERM BEAR

FX:XAUUSD   Gold Spot / U.S. Dollar
Gold             was consistently made higher trough in the shallow trend line . From the dow theory perspectives, the current trend still sideways. Nevertheless, gold             now advancing to the lower level, creating new lower trough and the bat pattern of harmonic calculation will be completed. There is no sign of sideways transition reversal, as it formed higher and lower peak, respectively.
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