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Yesterday the Neckline of the inverted H&S pattern was broken.
A new 6 month high
Top of wave one was taken out
As well as fib resistance
Gold stopped att the 38,2 % fib retracement level and othe fib support level.
Golden oportunity for buying gold stocks.
Check out
http://stockcharts.com/def/servlet/SC.web?c=hm
Nice bullish engulfing candlestick at the support of neckline and moving average, right?
and
http://stockcharts.com/def/servlet/SC.web?c=drooy
great potential
rgrds
Stig
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