A triangule for long in GOLD/USD


The formation of triangular geometries, is always a sign that you are in a fourth wave, so you could raise the price about 130 pips, as long as it is not a bull martket truncation, it would be expected that the fifth wave behaved similar to the path of the first wave and so place the price at 1308.47, then give way to the corrective phase where we could expect about 300 pips in short
Elliott WaveFractalTriangle

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