More Pain Coming To Gold and Mining Stocks

Beware! XAUUSD GOLD JNUG GDXJ

Recent confirmation of neckline on daily head and shoulders pattern indicating significant drop in gold is imminent.

A breach of this neckline will invalidate the pattern and the sell opportunity.


Sell gold here Target price to 1215

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Likely to find a small bounce at the 1255-57 levels. At TP of 1215 it will be time to start buying the real stuff again. Afraid this DXY ship will be sinking shortly after. .
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