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GOLD: Correction Within Uptrend

Discussion in 'Technical Analysis' started by Kaitlin, Feb 22, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Gold seems to be headed slightly lower at the start of this week as as recent leg up to 1240 area was only wave B) as part of a wave four that is still underway. We are looking now at wave C) decline towards the trendline support and 1181 swing[​IMG]

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