Gold Price Going For A Bearish Run?

September 19, 2019

London (Sept 19) GOLD made a sharp drop from the 1556 lvl., where a potential top for wave V was seen. As such, we will expect more weakness after any corrective bounce; ideally after another retest of 1520/1530 resistance for wave 2)/B) that can still be underway if we consider that recent minor drop to 1483 might have been a three wave move within wave B. Anyhow, we think that sooner or later gold will be lower.

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