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![eliottWaves_gold_body_Picture_3.png, Gold Set Up is Similar to 6 Months Ago](http://media.dailyfx.com/illustrations/2014/01/09/eliottWaves_gold_body_Picture_3.png)
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader and see ideas on other USD crosses
-Is gold repeating what the bottoming scenario from 6 months ago (at about the exact same levels)? If it is, then Jun 28 = Dec 31 and tomorrow = Jul 5th (July NFP).
-1206 is possible support along with the topside of the mentioned trendline.
Trading Bias: Flat
LEVELS: 1180 1206 1214 | 1238 1248 1261
--- Written by Jamie Saettele, CMT, Senior Technical Strategist for DailyFX.com
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