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since Sep 8, 2016
gold
supportandresistance
trendanalysis
xauusd
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1. setup - overall trend is downward (200 EMA) - wedge breakout downward 2. entry - Fibonacci retracement - previous wedge support is considered as resistance now
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gold will go up after some correction. but it can be drop more, so we should prepare a risk management before entry.
6
fibonacci 0.382 and near schiff pitchfork midline
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