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UBG - Gold: Fade The Rallies Until Middle Of December
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In this report, I want to let you know what we've done so far today. We've locked in a profit in gold at $1,484, which was the weekly target (Sell 2; S2) for this week. The market this morning made a high of $1,489.90. Then, it reverted back down from that trend line resistance which identifies the descending channel from the high of $1,566. The signal has activated a short trigger from the S2 level of $1,484. The initial target is the mean of $1,479, which we have already accomplished. The market made a high