Gold

Bullish Outlook :

The Gold’s strong rally unfolded a Minuette degree five-wave up since the September low, that indicates the bullish stance (Minute-degree advance in waves iii (circle) or c (circle) is underway). It is expected now, a pullback likely starts to a partial retracement in the coming week.

Note : Short term, the Sept. 11 low at 1097.7 should hold under both bullish cases.

Gold - Daily1Gold - Daily

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