Gold wait for direction

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Forming wedge, looks like waiting for something, next NFP might be..
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FOMC will show direction
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Nice drop down, don't enter shorts if you didn't do it on the wedge. may wait for 1200 level to long it!
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Strong support at 1252 and 1210, two potential long entries
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Probably revert to long around here, stop loss should be wide enough to 1050
Wedge

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