carpethomeca
Short

Gold need to pull back from the Yellow R line, USD is too strong

FX:XAUUSD   Gold/U.S. Dollar
78 0 0
gold             has up too much in one wave, it is distance from bottom " t " to the yellow R line is too high to break it now. even if it break up because of the momentum , the spike will not be stable, it will retreat soon.

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