Gold corrective in progress towards sub $1810/30
Gold most likely completed 5 waves at $1875 yesterday, marking an impulse Wave (1). Ideally a 3 wave corrective drop likely to unfold towards at least $1830, and up to $1805/10 levels from here. Thereafter a sharp rally through $1950/65 as Wave (3) unfolds.
Short term bearish through $1810/30 levels.
Short term bearish through $1810/30 levels.
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