Short

Gold rally?

By wolvesagainsttheworld

Updated

Support around $1260 in Gold did hold. But the rally to nearly $1300 seems a bit odd. I labeled it a ending diagonal within wave C of B. Watch closely the $1300 level for potential reversals.

Note

Gold reached the $1260 level again yesterday. Watch out if the support holds or if it breaks. I expect Gold to further decline to about $1200 until January 2018

wolvesagainsttheworld

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