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Goldie is like a snake...coiling.

Goldie is like a snake...coiling.

Gold COMEX:GC2!

GC is working on a Weekly wedge which means one thing...a nice move will happen. After trying to break out to the upside it was rejected...then price consolidated before breaking lower. Now price is now testing support. We will watch this test and see if there is trigger for a short. If we get short we will look for the 1100 are for a target. This is on the watch list.