US economy showed some weakness at the end of the week
Commodities prices started to fall down again
Euro zone strength shown by the PMI and unemployment figures
All these fundamental arguments coincide with the weakness of the gold i will open a short position in the B point and follow the scenario as it is described in the chart
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mhafidi85
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the gold acted exactly as i expected so the scenario now we reached the bottom of the neutral channel, we can take a part of our profits and wait for the breakout ....