Gold just had several harmonic patterns in a row, here we got a nice little one down there @ 1215 spot! Still willing to take this long as an intraday trade!
Let's see how it goes!
Komen
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didn't give any reversal sign and broke down! Open a new potential pattern perspective!
Post FOMC it is looking bearish both technically (4H Channel Down) and fundamentally. The USD is well supported also. We are expecting 1213 in the next 2 sessions: