OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold’s recovery since late-2015 seems to be approaching its end.

Wave 5 has been in progress from the bottom of wave 4 at $1451. Targets near $1800 looks possible in the short-term, but traders should proceed with caution.

A bearish reversal is around the corner and can happen anytime.



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