Gold Unable to Take Out Former Slope Support
18 Aug 2015 17:28, GMTDaily
Chart Prepared by Jamie Saettele, CMT
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“If gold has turned the corner (big if given that a sliding parallel top ticked Tuesday’s rally), then 1095/97 should provide support.”
-Today’s (8/13) rally failed at an important slope line. The line is important because it was support in June and July. Sellers could step up again here.
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