THE NEXT LEG DOWN TO COMPLETE A HEALTHY CORRECTION
Gold is currently half way to its 30% pullback range which will then allow it to advance onto the next leg up successfully. We hit the major resistance line when we broke through 1481 confirming that the next leg is on primed to go.
1446 looks like the sweet spot. I'll be bearish until then and putting buys right under this level.
1446 looks like the sweet spot. I'll be bearish until then and putting buys right under this level.
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