Gold - The -50% correction is starting!
Gold ( OANDA:XAUUSD ) is starting a -50% correction:
Analysis summary:
For the past 10 years, we have been witnessing an underlying bullrun on Gold. Just like we saw back in 2011, the 10 year bullrun was followed by a correction of -50%. Together with the retest of the ultimate resistance trendline, Gold is now clearly shifting bearish.
Levels to watch:
$4,500
SwingTraderPhil
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