GOLD is on its way to collapse
GOLD/AUD seems complete 5-wave formation, and probably is on its way down. Closure under under the channel line will confirm the idea. Closure under 2900 level will re-enforce the idea. Divergence in RSI confirms that wave 3 completion in 2020.
Majority believing in inflation are wrong, deflation and credit crunch is ahead.
Majority believing in inflation are wrong, deflation and credit crunch is ahead.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.