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Thursday, January 21, 2010

Gold - Fractal point 5 is done



The break back below the upper light green resistance-line show us, that fractal point 5 has finished and we can now expect a serious sell-off down to at least 957. A break below strong support at 1,000 will make the perma-bulls pull the emergency break.

The famous invertede Should/Head/Shoulde would be invalidatede and the extrem high number of speculative contracts/positions will have to be closed.

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