The sideways action in GOLD is not a Wave 4 triangle as assumed earlier. A Wave 4 triangle should have resulted in a swift move up, this has not been the case. This is turning out to be a Wave B triangle , so a Wave C to the downside is the next expected move.
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Closing position
Short Entry 1931
Profit Ex 1868
Short Entry 1931
Profit Ex 1868
Michael @ SolomonsView
Twitter - @SolomonsView
Twitter - @SolomonsView