HoosierHODL

Gold bloodbath phase ending?

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
The breakout to the south of the ABCDE triangle could be reversing very soon, as the longs have been scared out of their shares in a multi-day bloodbath, and now it is time to load up before the reversal. The mining shares have diverged from gold itself, as the same pattern is present in GDX, but sans bloodbath breakdown. If gold reverses into the triangle, the miners should be leading the way.

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