hypersonic78

Gold's Long Term Diagonal

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
Similar to silver gold also appears to be in a lifetime diagonal. The 76.4% fib retracement from Wave I (1980 high) to Wave II (2000 low) is amazingly close to the actual low that was reached. I also believe Gold is well within Wave III, specifically Primary 3 of Cycle III targeting ~$3k before the next major corrective wave.

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