Elliott wave Analysis: GOLD In A Pullback
Gold -1.46% is turning lower, now trading beneath channel support line so we see metal in a new corrective wave. It's wave B that can be looking for a support at 1330 or maybe even at 1307-1316 area if we consider that B wave normally retrace at least 38.2%.
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Interesting analysis. I'll have to look more into Elliot Wave's.
OK sir thanks...