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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Qualified Opinion who wrote (71921)	6/14/2015 7:59:30 AM
From: GROUND ZERO™	Respond to of 221958

Yes, I agree, it does look like a basing type pattern, but still, according to that chart, a test or break of 1150 is not out of the realm of seemingly likely... if so, then it would be one huge shake out of weak holders... for me, I need to see a clear break out higher or a successful test of a legitimate bottom, one or the other... this basing type action isn't good enough for me to buy, this is no man's land and not a safe place to enter a new trade position, so I remain short the gold from much higher and long the DUST until one of the two prerequisites is met... GZ