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Trade-Technique

Gold have to Come at C level ! (MCX)

Short
Gold Futures (MCX:GOLD1!)  
Trade-Technique  
MCX:GOLD1!   Gold Futures
Trend Analysis Chart Patterns Wave Analysis Elliott Wave Fibonacci Retracement
60
9
trendanalysis chartpattern waveanalysis elliottwaves fibonacciretracement
Impulse Phrase is completed and the correction phrase is forming.
Fib. RET. :
wave 2 : 78.6%
wave 3 : 361.8% (Extended)
wave 4 : 38.2%
wave 5 : 161.8% (Extended)
wave B is Bellow the starting point of wave A, so we can expect
Zigzag correction at Wave C.
both parallel channel are giving Confirmation at wave C.
Limit of wave C is wave 2 of (5) wave.
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