Week End mid Mar – Summary

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With the sell down this week we can see we are filling a fib fan on the daily. The last two weeks proved difficult to see it. The second image shows we have a good indicator to sell on the weekly but we do need to consider the SR line of 1309. If we break that we are next to 1300 will fall down to 1265.

Look at the USD index chart to see any SR lines which will halt it’s rise in the next week. We may have a turn back up for gold.

 

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