Gold

Gold is marching in place under extension of the b-d trend line of the running triangle wave (b). The outlook is bullish against the 1183.5, in short term.

The expected target for extreme of the rise in wave (c) likely ahead is through 1238.9, where wave (c) equals 0.618 times the length of wave (a).

Gold - Intraday 240-1Gold - Intraday 600-1

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