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Gold Price 2021 Roadmap – EWT

free commodity gold chart tips

free commodity gold chart tips

The Gold spot started the bearish Elliott wave on the daily timeframe. Right now, it’s making the 5th wave. It has to cross 1824 – 1800 – 1776 to complete the fifth wave. The fifth wave will complete around 1690.

If there will be the upside breakout of wave 4, then it’s a failure of the Elliott wave pattern. And the target for the uptrend will be as following 1980 – 2000.

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