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Unless I have some bad ticks, which would not be unusual for gold, the recent high was a 2/3 retracement of the
April-September down leg. I see what you are talking about and there is also a little reverse head and shoulders
forming. Based upon current information I have an entry price of 297.2. I might even be convinced to buy 294.90,
and look for a short move to 296.7 and then 298.6. At that point you are in on the longer leg. Good luck. Ira
mitch ryder wrote:
> Looking at my charts it appears that the correction may be over and more
> upside action is in order. In addition to the indicator on chart here there is
> also divergence on my other charts.
>
> Mitch Ryder
> Ynos@xxxxxxxxxxxx
>
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