If we indeed are in an ending diagnol we should see one more leg higher in wave 5, and then flush for the larger degree wave 4.
I have labeled 2 possibilities, either we start breaking down now and get a retest and get short. or gold wants one more leg higher and after that the move will be ready to produce a weekly pullback.
Looking at larger context, we are extended on some degrees, and last month's bar has selling on it if it can confirm.
Be aware, Gold should pullback soon.......
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