MarketIntel

Gold: Ups and Downs 🎧

COMEX:GC1!   Gold Futures
I guess some of you guys still remember the song Ups & Downs by rap icon Snoop Dogg. At least the Gold does. It even seems like the song is blasting through the Gold's headphones on repeat these days. Against the overarching down trend, it is currently working on an intermediate high. The associated waves in blue and C in orange should end in the blue zone between $2057.30 and $1983.60. After making this high, the course should continue its movement down south. The next steps on this journey: the support lines at $1967 and at $1888.
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