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Monday, March 22, 2010

Gold - Major decline ahead!



Take a good look at the above chart. First a big Shoulder/Head/Shoulder top (Mother factal), which was activated in late January followed by three back-testing stabs at the neck-line and today the child-fractal Shoulder/Head/Shoulder has just been activated, calling for a shap decline.

A shape decline would also fit my long term mother/child factal below.

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