Gold Spot / U.S. Dollar
Long

buying continues

98
we have seen that wave 3 was extremely extended, and in this type of wave structure, wave 4 correction tends to be brief, if my forecast is correct, it means that wave 4 has played out already at the 23.6% re-tracement of wave 3 though we might still see 38.2% before wave 5 completes at around 1235-1240, and massive sell will resume to complete 5th impulse wave on larger time frame

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