Although gold is in a downtrend i believe we have a very nice buy set ahead. After price broke a medium term resistance level in the previous days is in a corrective structure. If it retrace a little more we have a bullish bat pattern completion.
Speaking in elliot waves if price hits D point (.886) of the bat pattern and starts climbing we would be at the beggining of elliot wave 3
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Speaking in elliot waves if price hits D point (.886) of the bat pattern and starts climbing we would be at the beggining of elliot wave 3
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