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UKX: FTSE completing a Quasimodo Top?
33 0 1
UKX, D
FTSE completing a Quasimodo Top?

I'm not a fan of Head and Shoulders patterns - inverted or otherwise - but many people will have noticed the formation in the FTSE100 and will be waiting for the break down. Whilst oversold stochastics could promote further right shoulder development, the eventual break will likely target 6400/50 as profit-taking pressure increases. Would Victor be a seller?

Oz001 Oz001 PRO GOLD, D, Short ,
GOLD: Gold
86 0 1
GOLD, D Short
Gold

With yesterdays huge spike to the upside , price still did not close above the previous 4 months highs , as a matter of fact it even failed to close the previous days high. Projection im very bearish on Gold , im expecting in the next week or so to touch the 1240.00 zone.

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