As seen in the chart, GOLD is unfolding to a triangle, completing wave D.
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Godl finally broke below the lower trend line and denied the triangle count. The most possible count now would be a flat correction as will be shown in the updated chart.
u might want to change scale, zoom out and then publish. I did and now looking good. Thanks.
LetsBeMillionaire
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@LetsBeMillionaire, agreebut now gold desperatelyhas to move up. Many analysts are bearish big time. Confused now where gold will b going from here
ELWave
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@LetsBeMillionaire, Market is always creating confusion :)
We need to constantly updated the ideas until get it right. I also see the gold bearish in long term, however the current down move should be over soon. Please see the updated charts where it shows my new count