Yes gold will go down, BUT.....

hi, how are you all? i hope you are fine and making good profits!

I see gold needs to complete its correction wave before creating one more low.

so if you want to go short, i dont think this is level will provide good R:R.

on the other hand, going Long now on this correction phase provides good R:R with conservative target around 1950.

trade well, may the waves be with you.

alex
Elliott Wave

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