Gold has moved from the lows of 2771 to 2991 highs making 5 wave to upside, wave 3 not extended in this move and is only 123% and we have 3 wave correction in wave 4 and 5th wave is extended is more than 0.618 and is not reached more than 0.78, as per study we are in overbought zone and we can expected a fall from this zone of 2910-2943 zone, higher the price faster the fall.
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