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Currency Strenght

Sunday 30 December 2012

The Precious Metal Gold and the New Year

 Our preference: LONG positions above 1652 with 1669 & 1679 in sight.

Alternative scenario: The downside penetration of 1652 will call for 1645 & 1635.
 
Comment: a support base at 1652 has formed and has allowed for a temporary stabilisation.


Weekly pivot at 1665 above the area Mr Price is most likely will test the Sniper Zone in Red. depending on the open high low and close on the approach to this area our strategy still viewed as a Correctively   Bearish move

Volatility periods is a beta test strategy signalling the best times to expect high probability  movement 
Hopefully in time this will prove to be a very Powerful tool to add to our Arsenal

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