From the past week we saw a huge decline on GOLD and although we were expecting it to retest around 1950 - 1953, that didn't happen.
Instead we noticed a consolidation between 1930 - 1940 as we are waiting for the employment numbers to come in the next 30 minutes. within this range we were able to notice a reverse head and shoulders pattern which has been highly anticipated due to America's ongoing extension of their recession.
I predict a reversal after the news comes out where well see a break from 1940 and this BULL may take us up to 2000 by Monday.
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