GOLD XAUUSD - Final target still 1190 to 80 Area - SHORT - take a look on the Chart. It's a X7 Wave-Pattern. There is only a X5 or X7 - in this case, the market developed a X7 one. Not, as initially expected: X5. Finally, is a sharp correction highly probable.
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I still believe gold will come down even after breakout of pennant but on Daily Chart we are getting Golden Cross... and this year is the most good year for gold since 1980.. so things are getting wild for long term..