Gold 4h

Gold must decline now, because a correction is due. Best target will be the brown line - the massive triangle from daily chart (connecting $1040 , $1005 and $970 mark - see some daily gold chart).

Blue lines also will act as support.

Once the triangle is tested, raise will resume.

Disclosure: No open speculative possitions but I am looking to buy incrementaly @ $972 area.

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