XAUUSD MAY BE BUTTERFLY BEARISH FROM 1310 -1316. LOOKING TO SELL HERE
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THIS BUTTERFLY IS VERY MUCH VALID- GOLD WILL TEST 1316 FROM CURRENT LEVELS.
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STRONG RESISTANCE AT 1297 - 1300 BUT MY OVERCOME
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THIS PATTERN IS INVALID NOW
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200 EMA ON 1 HOUR MAY HELP TO DETERMINE THE DIRECTION AS THE PRIZE HAS BEEN MOVING UP AND DOWN THIS EMA FOR SOMETIME NOW