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ORBEX: Gold Impulsive Upside Could Lead to Triple Combo!
Gold Spot / U.S. Dollar
Short
ORBEX: Gold Impulsive Upside Could Lead to Triple Combo!
By Orbex
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Dec 27, 2019
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Dec 27, 2019
Gold's upside move could end shortly, forming an intervening wave x that could be followed by either an ending zig-zag or an ending triangle pattern.
The successful correction could turn the current structure into a triple combination!
Look for potential invalidation above 1519/oz.
Trade safe
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
Chart Patterns
commoditytrading
correctionwave
Trend Analysis
triplecombo
Wave Analysis
XAUUSD
yellowmetal
Orbex
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