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Rejection near 61.8 retracement hints a potential pause
Gold Spot / U.S. Dollar
Short
Rejection near 61.8 retracement hints a potential pause
By Technician
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Oct 28, 2013
1
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16
16
Oct 28, 2013
Update : First Target hit, stop to break-even, stopped at break-even.
Profit/loss= +$11
Looking for a corrective move lower after a long upper wick candle just shy of key Fibonacci retracement.
Technician
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