Plinzen

Gold in a bearish pennant

Plinzen Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Again yet another bearish pennant with contraction of volume
Not a perfect one as it touched the upper part only twice

The target is close to the low BB and should have more volume. The level of 1400 should still hold if volumes do not follow.

A SL should be set at 1407 if traded; and TP 1400.
Comment:
Well boys, seems like this one failed lol
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