Hello friends
On the Gold chart, we are witnessing the formation of a 5-wave bullish pattern, which indicates an increase in the value of gold. These 5 bullish waves are wave 5 of 3. Now this wave is wave 3 of 3 or C. That is, we are faced with two scenarios, in both scenarios the price should increase.
Anyway, we expect the price to grow to the $2725 range, and the second target is the $2744 range.
Be successful and profitable.
Gold Spot / U.S. Dollar
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