Gold is waited by a decrease wave

Yes, I am not tired to repeat it at first years. As I specified in the previous ideas until price of gold reaches level 1640-1620 to speak about full-fledged growth early. The price for the third time beat off the week resistance about which I wrote repeatedly. The price moves in the extending triangle and, in my opinion, at least one wave of decrease down in the big extending triangle is necessary. Thus the price will be able to reach 50% of correction of growth wave from last year.


Information provided is only educational and should not be used to take action in the market.