Gold already choosed downward movement, since break down the wedge in Oct.
So I'm here to adjust slightly for my longer term stratage.
If Gold price won't break out $1330 in the coming month, it's possible to fall to $1150-1160 level, till Feb.,2017, Then move up.
So I'm here to adjust slightly for my longer term stratage.
If Gold price won't break out $1330 in the coming month, it's possible to fall to $1150-1160 level, till Feb.,2017, Then move up.
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Monthly PA predition
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Price Action Analysis
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likely will test channel floor at 1185
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This short term target will match the long term analysis:
NFP may have a final drop for USD20-30, to target $1153-$1148
NFP may have a final drop for USD20-30, to target $1153-$1148
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compared with the rate hike of last year: From Oct.28,2015 to Dec 3,2015, Gold price fell $138,that is for the 1st time rate hike.
NFP is Dec 2,2016, maybe the history will repeat.
NFP is Dec 2,2016, maybe the history will repeat.
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NFP we'll find a good entry for long
s3.amazonaws.com/tra...shots/y/YxVnHqdZ.png
s3.amazonaws.com/tra...shots/y/YxVnHqdZ.png
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