FractalTrader
Long

gold finally ready to resume uptrend

AMEX:GLD   SPDR GOLD TRUST
101 0 4
My initial target for a 4th wave correction was below 114.62, but the flat correction that has been unfolding since the 2/11 high of 120.94 appears to be nearly complete.

Gold             is a commodity, so the 5th wave should be strong, if not the strongest of the 5 waves in the impulse.
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