Monday, 18 April 2011

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Gold Technical Precious Metals (2011-04-18)

  • Monday, 18 April 2011
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  • Weekly Report 18/04 -22/ 04/ 2011 Gold inclined sharply during the previous three days, achieving our suggested bullish scenario. Now, we can see how the metal is still trading positively, affected by the harmonic pattern seen above. This harmonic formation consists of the harmonic butterfly pattern with extended targets and AB=CD pattern which we believe that the metal is achieving its CD leg.



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