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As you can see, we are heading towards 4th point of Elliott wave. We'll try to catch it and ride up to 5th point - around $200 difference. Stop loss should be below 1st point of a wave, take profits above 3rd one!
As you can see, here we have a huge triangle with ascending support and horizontal resistance. Previous breakout was a false one, but the price still holds this huge ascending support! It might be a place to buy GOLD.
In case support falls down - sell it.