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Elliott Wave Analysis on GOLD and German DAX

GOLD Gold keeps falling sharply which now looks like an extended five wave drop from 1288 so the whole decline from 1303 is rather impulsive than corrective. We are looking now at wave 3) in progress that may find a support in the near term around 1200-1215 for a short-term recovery up into wave 4). […]

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Elliott Wave Analysis on GOLD and German DAX