#Gold Update
In the chart below I am making the case that we are in the 3 of (3) of [3] wave and that means the downtrend should accelerate any moment and go straight down without much bounce. All the bouncing was presumably done during the last week on the CPI news. The channel provided for indicative purposes. Its recline will to be set by wave [3] bottom.
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📏 Chartopedia, with examples of applying ElliottWave to real world charts
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