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Technical Thoughts from a Classical Bar Chartist

The current price decline in Barrick Gold (GOLD) is forming the second right shoulder in a Complex H&S Bottom pattern.

The gaps below the current level on the various indices suggest caution. Pattern Gaps are usually quickly filled.

An open interest analysis of the Index futures implies - non-trending market.

Updated after the World's Markets close: Friday, December 6, 2019

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