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Gold Spot / U.S. Dollar

2016-12-14 FOMC bearish bat

By mytrade1602
Updated
2016-12-14 FOMC bearish bat
Comment
A bearish cypher is forming, gold can gold back down to 1157~1160. For fomc, I will buy from the low as 1150 and short from 1175. If the rate hike is more than 0.5, be cautious.
Comment
Sorry, bullish cypher. Before fomc, buy from the low 115x.
Trade closed manually
Structure invalidated, it becomes a bearish cypher, can go up to 1172. Short there.
mytrade1602

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