GOLD - WAVE 4 CORRECTION TO $2,800 (UPDATE)

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After a strong drop of 700 PIPS overnight, Gold has now strongly recovered from today's low pushing up nearly 800 PIPS. A complete U turn, wiping out all of the sellers gains.

Will keep an eye out to see if this move is a short squeeze to take out sellers before dropping again, or will bulls be coming back in control soon.

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