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Gold..Nothing broken post FOMC
Gold Spot / U.S. Dollar
Long
Gold..Nothing broken post FOMC
By Black_Draco74
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Updated
Sep 21, 2019
5
Sep 21, 2019
Gold held above 1484 and had continued climbing higher on a wall of worry. Nothing broken for now.
Gold should be able to make a move to complete the right shoulder of the H&S at the minimum.
ATHs of 2019 not ruled out if there's a hard squeeze of bears shorting at the next shoulder.
Net net Up first before rolling over to fresh lows, or even back to retest Gold breakout at 1370-1380 region
Sep 21, 2019
Note
Right shoulder should be completed by 25 Sep if the Left shoulder symmetry is observed.
Sep 23, 2019
Note
On track so far
Sep 25, 2019
Note
Looks like Gold's turn is here....Gold is going down from here on. It will be a quick furious move down to low 14xx.
Sep 30, 2019
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Neckline is broken...Down She Goes!
Chart Patterns
Black_Draco74
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