Gold Daily Reversal after Taking out 2015 High
16 Jun 2016 19:17, GMTDaily
Chart Prepared by Jamie Saettele, CMT
DailyFX Trading Guides and Forecasts
-“Bigger picture, gold completed a diagonal pattern (wedge) the week of February 12th. The objective from the pattern is the origin of the diagonal, which is 1392.” Gold took out the 2015 high today before reversing lower. I’d still watch for support near 1250.
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