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Tuesday, February 18, 2014

Gold - Is wave c of the triangle in place?

Gold

With a high at 1,332 just 3 points below my first target at 1,335 wave c of the triangle could be over, but to confirm the top a break below 1,276 is needed. However, as long as support at 1,276 protects the downside we could of cause still see a test of 1,335 and maybe even higher towards my second target at 1,365, but only time will tell.

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