GOLD Elliott Wave Anlaysis: Looks To Break Out The Range

FX:XAUUSD   Gold Spot / U.S. Dollar
209 0 5
Gold             did not move much last week so our view remains unchanged. We are expecting another swing high as we see slow price action in tight range that looks like a triangle in wave b). as such, price is expect to rise to around 1240/1250 before downtrend can be coming back later this month. Save 50% on subscription http://www.ew-forecast.com/service
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