CFDs on Gold (US$ / OZ)
Short
Updated

GOLD correction

221
We can see an Elliot wave pattern in GOLD; 12345 has been completed and now we might see an ABC correction ( A and B already formed), I will trade the last impulsive leg to the downside, I will look to take profit at the 1220 zone.
We can also see a clear daily rejection at the 1255 zone, so bears might take control. Good Luck :D
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