Falling wedge forming at an important support. I don't think is going to break the support. I most likely to bounce up very hard. I'll but some calls of GLD at the end of the session.
Comment
This is the chart of gold inverted. Would you buy here or short here? I expect a rejection of the 1900 level, but let's wait until the week ends.
Comment
I didn't close it. I knew gold was going to turn back up. 1900 zone support is too strong, wasn't going to break it that easy. Now to test 2070 again.
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