Bleck

Is Gold losing its shine ?

FX:XAUUSD   Gold/U.S. Dollar
101 0 3
IF my count is the correct one and wave B is done ( reached the 0.382% retracement of A and enter the zone of wave 4 of one lesser degree) the clear break of the trend line from the end of 2015 would suggest that Gold             should be declining significantly over the next 12 months !!!!
Alternatively B is not finished and this would be wave b of B, implying a new high later on in the c wave !
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