It appears that gold is currently in wave 4 of 5. Simultaneously it has tested the entries and one critical zone of the Prz on a harmonic pattern it's forming, falling typical harmonic motion and retracing slightly to retest all the levels of the prz until one large fall off. Finally the Stochastic indicator just had a bullish cross in the over bought zone. Now it's just time to patiently wait for indication of entry and then we're of to the races! Get ready for a bullish first quarter for gold, It's heading up to 1600!
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