cfetrader

Probable major gold trend reversal

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
2
In spite the overwhelming bearishness in the gold market, I have the feeling that maybe this corrective cycle since 2011 has seen it's lows. The extended (A)-(B)-(C)-(D)-(E) Elliott waves appear to be complete, unless the latest z sub-wave is composed of yet another extended sub-structure of the a-b-c-d(now)-e(future) type.
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