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GOLD - Tracking Minor Waves - Looking For A Re-Entry?

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Yes we are already in this trade (see related ideas below) however if you are not then this might be of interest.

Just looking into the waves at small degree I found some interesting things going on with Wave 2 of this move.

At the open on Monday, Wave 2 expanded to the upside which indicates some major strength behind this move.

I would say these levels hold potential significance.

Entry: $1946
Stop: $1929
Target: $2300

Let's see what happens next.

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Penafian

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