CFD Trading Report - Gold Elliott Wave
Gold 4 Hour Chart Thursday, 30 June 2011 at 5:10:00PM AEST -change in trend... A bearish reversal that occurred in the past week, looks extremely sharp, a move that should be part of some larger downtrend. In fact, prices also moved below the trend line connected from May lows, which is another strong evidence of a coming weakness. As such, even deeper levels are now in view, as a previous support line should now react as a resistance.
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