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Hi everyone! As I repeatedly specified, gold changed a trend down having reached earlier double top. If to speak about today, then today most likely there will be a correction to earlier punched line of a trend. After that the movement will continue down to 1860. Probably it will occur after the announcement of news on FRS.

Information provided is only educational and should not be used to take action in the market.

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Cancellation of the scenario as the bear flag is possible! If the price overcomes a triangle (pennant) down, then there will be a movement at least for 1860.