Gold is in third wave of the ABC correction pattern, and also in a major expanding triangle pattern, which is a major bullish Pattern meaning GOLD is still going for new highs in the coming weeks. Also meaning the ABC pattern might go further into a 5-Wave (ABCDE). But like I always say, we'll see how it all plays out in the coming days and weeks.
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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.