Gold’s recovery since late-2015 seems to be approaching its end.
Wave 5 has been in progress from the bottom of wave 4 at $1451. Targets near $1800 looks possible in the short-term, but traders should proceed with caution.
A bearish reversal is around the corner and can happen anytime.
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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.