bigrediska

Triple resistance.

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AMEX:GLD   SPDR Gold Trust
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The first thing I noticed is the obvious third wave. After that, I started looking for the fourth ..Until an important psychological support (1000$) far enough. This means that there will be a fifth wave. The Ichimoku cloud is a serious resistance, as well as the trend line and the EMA 200(W) line.The stop can be placed close enough. The moment there is clearly negative(Stoch).
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