HUGE, HUGE drop of 650 PIPS today on Gold! Price action has been beautiful. Completion of Wave 5 of the EW Theory, followed by a much needed correction.
I’ll be keeping an eye as Gold has now rejected a minor support zone of $2,889. I’ll keep you updated if further upside can resume.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.