GO SHORT
Earlier, i post my analysis for a short position on Gold, which has played out nice and moved as predicted to the downside. Since we know that prices move in fractals in Elliott Wave Theory, we believe that wave iv of 5 of wave Z is forming already, so i will be looking for formation of a bearish triangle formation of with stop loss @1720.381, since we know that wave 4 cannot overlap the territory of wave 1.
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