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[QUOTE="riki143, post: 126162, member: 29499"] [B]Gold prices took a break[/B] 4/19/2017 On the daily chart of gold, there is a desperate struggle for an important level $1,286. There is an intermediate 127.2% target in the AB = CD pattern. The bulls' win will lead to the continuation of the rally. In contrast, their defeat can lead to the development of the correction towards $1,260. [IMG]https://new.fxbazooka.com/img/articles/13101/Screenshot_2017_04_19_06_45_17.png[/IMG] On the hourly chart of gold, buyers need to test the upper border of the ledge in the "Splash and Ledge" pattern ($1,292). The drop of quotes below the support at $1,278 per ounce will activate the expanding wedge pattern and can potentially lead to the pullback towards $1,260. [IMG]https://new.fxbazooka.com/img/articles/13101/Screenshot_2017_04_19_06_45_33.png[/IMG] Recommendations: hold longs (BUY $1278 SL $1263 TP1 $1312 TP2 $1340), BUY 1260 SL 1245 TP 1300. More: [URL]https://new.fxbazooka.com/analytics/13101[/URL] [/QUOTE]
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