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Jun 10, 2015 7:50 AM

GOLD worth observing, possible nice Cypher Pattern Short

Gold/U.S. DollarFXCM

Description

Gold is now in a 3 month consolidation, and it looks like nothing is going to change. Well, here we have a possible bearish Cypher (probably 2 weeks of waiting) if the prices rise to 1218-1225/oz. It's a good turning point confirmed by previous structures.

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