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$JSEANG - Anglo Gold Ashanti: I Count Five Waves Down

JSE:ANG   ANGLOGOLD ASHANTI PLC
The last coverage of Anglo Gold Ashanti was on 05.07.2023, link below.

The move down from 55688 was still in three waves but now it is clear that a five wave impulse for wave A is forming as part of a larger zigzag ABC correction.

There are no reversal signs yet but it is a bit late to short so I will monitor price for reversal patterns and until then, I will sit on my hands.

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