Gold has turned down sharply after concluding the flat corrective structure (Wave X) at 1356.77 and is in its final downside corrective leg which was projected in my previous update. Going ahead, prices are likely to hold above 1290/80 on further weakness where the bigger flat structure(Wave Y) is likely to conclude and turn higher for medium term
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.