Lorenzo_Esco_Al_Bar

Head and Shoulders pattern on Gold (XAU/USD)

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FX_IDC:XAUUSD   黄金现货/美元
Dollar rises after today's CPI data. A solid head and shoulders pattern on XAU/USD is revealing itself. The 1314.26 price brakeout will be the sell off signal, with a possible target around the 1300 area, where Fibonacci and the 100 period exponential moving average support the price.
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