I have been bullish on Gold but the current structure is not yet clear. We could see a wave 2 completion and then go for wave 3, or that was it - the multiyear record high ended with a B correction neat $1560 and we now expect wave C to take place. I lean towards the formed scenario. What's your take?
Geo-Politics likely to positively affect gold: - US-Sino trade talks - Hong Kong unrest - North Korea missile test - US-Iran tensions
Geo-Politics and Economics likely to affect oil: - OPEC-led cuts - API and EIA - John Bolton departure - US-Iran tensions
Stavros Tousios Head of Investment Research Orbex
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