Only 15M before the FOMC release and this is how I see Gold headed. It is now forming an ED in the ending of the wave v of 5. It should head on down and hit the MAJOR DT TL which should offer resistance and should bounce from there.
Note
For anyone who decided to take me up on my advice, now would be a good time to move your stops to lock in some profits and protect against a reversal! I already have done so although I do expect it to drop even more! Enjoy the PROFITS!
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