Gold; The Path Ahead

FX:XAUUSD   Gold Spot / U.S. Dollar
Price has reached the top area of the up-sloping channel. The typical time target zone for this bearish AB=CD pattern to work out is the between 15th and 16th October. If the bulls fail to break the channel to the upside until then, we will expect the price to fall towards the bottom of the channel.

Good luck,

Cyclical Waves Group
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