LONG TARGET 1248-1250 (top of the wedge) THEN retracement to bottom of pitchfork channel of roughly 1225 then LONG then till 1280 region (or top of the channel)
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Top of Wedge can now lower if time it takes to hit there is longer. could be in the range of $1247-1249
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IMPORTANT UPDATE: if nfp is positive, expect a big retracement in the region og 1170-1190. This is needed even in a bull gold market. similar to the rise in 2011.
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48-49 target hit, took profit, looking to trade the wedge till wedn
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my bottom of wedge has been revised higher.
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disgarded my gold shorts, long now
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gold failed to break the rising wedge hence why i am long now
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long at 1230$ again, might take some profits before adv nfp
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updated trade idea
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wow gold is moving in exactly as predicted!
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my target if bull continue is now $1285-1300