traderpulse
Long

Gold Technical analysis

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
The bullion metal has completed a bearish elliot wave and is currently in ABC correction phase.
Apparently, a bullish flag formed in the B wave has been broken.
Hence we expect the pair to be be bullish for short term and form a short term elliot wave to complete the long term corrective C wave.
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