Expected turnings in GOLD.
It seems like the price has completed wave five of wave "A" of the ABC correction. Expected movement is on wave "B" of the ABC, and finally wave "C" down. After all these we will resume with the upward move in the direction of the primary trend.
NOTE: the overall expected trade to take comfortably is long trade.
NOTE: the overall expected trade to take comfortably is long trade.
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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.