Gold was Cooking to break Major Resistance

Based on previous post 2 days ago

In the beggining I thought weakness was coming in, since we were at Resistance Level but a nice Plutus Reversal Long formed and broke it.

Today we have broken a Major Support with a very nice Plutus Reversal Long pattern on the 4HR with SI ratio 15.0/3.1= 4.8 . We have not been on this level since September 2012. I have enter Long but this is High Risk Trade since we have reached this very significant level.

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