Haejin

Gold is in a B wave Bounce of a Primary Degree ZigZag Correction

TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold is bouncing for sure and I've analyzed this but the overall bigger picture shows that Gold is likely in an ABC primary degree bounce of a Zig Zag correction. I remain overall bearish on Gold. It could bounce to $1450 to $1500 or so; then a hard down on C wave to complete the correction.
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