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GOLD whats next?
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[QUOTE="Leebax, post: 177178, member: 61969"] GOLD . Its Sunday and today reflecting on the insane movement we saw from gold the last couple of trading days last week. I think that move could of been the current top for now. As you can see from the fib levels the last consolidation move was at the prefect 50% rest stop before the next push. It looks like a reversal sign on the 4H TF but obviously we never know. Surely we should see some sort of sell off from the extreme movements we saw. An ideal scenario would be for it to revisit the .618 or back to the 50% to collect alot of buyers stops that jumped in with FOMO, it has multiple confluences with the test of the break and the touch of the longer trend. i will certainly be buying round those areas if it comes back that far. this recent push up certainly opens up the door for more upside movement, and possibly towards all time highs. Lets see where its heading next week. But be ready[ATTACH type="full"]15522[/ATTACH] [/QUOTE]
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