TomNewYork

Possible gold AB CD down move after .382 retrace

FX:XAUUSD   Gold Spot / U.S. Dollar
This might seem a bit farfetched but over the years I have learned to keep an open mind. So far gold price has only done a .382 retracement. The current yearly bar getting close to 6 months into the year and the bar is NOT expanding upwards and now it is turning down again...

850 seems like an extreme target, but the gold market is known for making extreme moves.

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