FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
10
This is a very long term look at gold , and an attempt to count the larger trend.

I am just wondering if we have entered the multiyear 5th Major Wave for gold , and as such 2017 is the commencement of Wave 3 of a wave of lower degree.

If so, and with a .75% retracement of Wave 1 , then a conservative Fib extension of 1.27 could be the target for the end of Wave 3. :0
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