As my commentary yesterday, submicro wave 2 is confirmed and we are now heading to minuscule wave 3 (min level is 1.618). However we must always bear in mind that correction wave can always be complex and take a very long duration. Do not feel surprise if gold goes up again sooner or later, unless gold breaks 1776 area to confirm end of wave 2.

This is not trading advice and is just my opinion on the market.
Elliott Wave

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