In my last video report I pointed out that Gold(XAU USD) will most likely give one leg down for the Wave 5 after which I expect the upward rally to begin.
As of now it looks like Gold is moving down in that Wave 5 and can see downwards levels around 1215.
Invalidation Level : 1194.
Gold moving down in Wave 5 (Elliott Wave Analysis) 26th June 2017 onwards
I will update further as this market progresses.
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