We previously mistook the $2,790 peak as the Wave 5 high which was wrong. We have re-counted the wave analysis & updated accordingly!
Gold is currently in its Wave 5 bull run which should be ending soon. Drop down to the lower TF’s to look for a change in market structure to bearish, before entering sell’s.
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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.