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themarketzone
Aug 21, 2015 11:35 AM

Gold hits resistance 

GOLD / U.S. DOLLARICE

描述

My final target level for the Bullish breakout setup near 1100$ was 1180$. Although it may reach there, the price reaction to 1170-1180$ structure zone (resistance) seems bearish enough that got me out my bullish trade.
With the SPX near 2000 and DXY near my secondary target level (see link) , it could be a short term reversal zone for gold.
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