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Short

XAUUSD Short Idea - Elliot Wave Structure

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
After Gold having a long bullish run, we see that it made a strong bearish impulse, followed by a retracement to the 61.8% fibonacci level.

We're looking at another bearish impulse at least to the 0% level, and this will complete an ABC retracement from the bullish run.
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