GOLD DECEMBER FUTURES WEEKLY

GOLD WEEKLY ALERT

After sharp corrective pullback yesterday, gold bounced back to trade around 2750.00.

Price is currently in wave 3 targeting 2785 to 2795 area initially.

After wave 3 is completed we may see a sharp corrective pullback that is WAVE 4 targeting 2676 to 2700 area.

Wave 5 will then target the final rally towards 2805.00 to 2835 area.
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