Followup to my ongoing analysis of Gold. Near Term Fib Sequence firmly in control. Expecting a retrace then a drop to Band 9.
Previous Analysis:
Short call (a bit early)
Long call (under estimated)
Tripple Bottom to break
Long term I still see one more leg up
Commento
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So far Gold attempted to break out of Band 7 but could not reach Band 6 and now resting on Band 8 again. I still think Band 9 is coming in the near future.