Ouro/Dólar Americano
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gold down

Gold could be in a little corrective action. On this corrective wave, we had an impulsive wave from 2222 and its now correcting again. In addition, there seems to be a head and shoulder pattern formed. From around 2185, I anticipate another impulse lower to reach 2124.
Chart PatternsTrend AnalysisWave Analysis

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