Gold turning south to 1120 an ounce.
completing wave (4) near 1234/1239 will trigger sell positions towards 1120 an ounce as a first target.
long term view: breaking below 1120 an ounce will target 900$ an ounce to complete wave (5) of (5) before turning north towards 1550/1600$.
long term view: breaking below 1120 an ounce will target 900$ an ounce to complete wave (5) of (5) before turning north towards 1550/1600$.
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