Gold

Bullish Outlook :

Gold is correcting the prior advance in Minuette degree, as wave (ii) of the same degree. The current pullback will likely amount to the Fibonacci 0.618 retracement level at 1120 over the coming days.

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

Gold - DailyGold - Daily1

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