Name:  GOLD flattening.png
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GOLD today did the trick with the stop loss hunt below 1285 level because notice it stopped there for few days, looked like a support and GOLD closed with a pin bar daily last week which I described. Yet today GOLD went straight down to trigger that level and it did, now its above 1290 and I think it has, limited for now, but has potential to rise to 1300 before it tries to test that 1280 level once more. Remember that the strength hasnt been big from the break below 1285 so I dont think its the last time price has been at that level.