MarketIntel

Gold: The More the Merrier

Short
COMEX:GC1!   Gold Futures
“The more, the merrier”, thinks gold as it proceeds to rise into the turquoise zone between $1930 and $2089 for a second time – or rather “The higher, the merrier”, because we expect gold to climb higher still until the middle of the turquoise zone. There, enough should be enough though, and after finishing wave B in turquoise, gold should turn around and head for the support at $1854.
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