If you guys want more confirmation, go count the weekly bearish engulfing candles on gold and watch want happens afterwards.
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Gold retraced, be patient till after nfp
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channel formed with overbought on 4hr stochastics. If nfp wasnt this week you could sell and have stop above high but with nfp you either need wide stop or just stay away
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The weekly engulfing candle on gold, has been engulfed by a bullish engulfing candle.