moneyjeff1

Entering a very important price area!

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Gold is about to enter its most important phase for a very long time. If it is in an impulse wave, then it will clear the $2200 to $2300 area and, longer term, target at least the $2800 level.

If it fails the pink important zone, then it has been in an Ending Diagonal pattern and may correct very quickly to the beginning of it, around the $1600 level.
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