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CFDs on Gold (US$ / OZ)
Short

Short Gold, Harmonic Pattern + confluence with resistance

By Orro3790
Gold has made some interesting harmonic movements on the daily. Nearly 3 perfect harmonic movements (A-->B Retracement just barely passed the .61 level). We are overextended on the hourly, with declining volume, and approaching daily resistance levels. Short gold to .38 and .61 levels (C--->D retracement).GOLD
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Orro3790

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