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since Jun 8, 2018
chartpattern
fundamental
goldtrading
head_and_shoulder
trendanalysis
waveanalysis
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Inverted head and shoulders formed on gold. Possible sell opportunity around the 38.2 area
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As ugly as it looks, gold did drop and may continue to drop some. May see some upward movement from this area but I predict gold to drop some more.
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The drop is happening as predicted. We had a little upward movement last night. But since us open, it’s been dropping.
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Update. Gold is continuing to drop. I stated before that it would continue to drop and it is. It’s respecting the fib.
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With everything going on with the dollar. DXY will take a hit which will cause gold to drop
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