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XAUUSD : Contracting Triangle on GOLD - Will It Happen Again?

Gold is currently rising...
But there is no denying that once it reaches the top of the corrective contracting triangle channel ($1,330) and rebounds from it, it could break the bottom edge.
As it happened in 1996.

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At a higher scale

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And at a next higher scale I see this.
So I think mid-term Gold will be rising. I expect $1,350 in the beginning of March, 2019

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A quick update: I think short-term the Gold price could go as follows -- the first retracement (Wave A) to $ 1266, then climb back up (Wave B) and then second retracement (Wave C) to $ 1260

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Another possible development:

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Gold is taking its time. That's ok, after all it's Gold, not something else.
Strong upward trend is unbroken. Maybe just one more correction before taking off:

Possible targets:

Short-term: $1,305
Mid-term: $1,341
Long-term: $1,445

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Short-term target $1,305 reached:

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Gold price has been transforming in a way that is highly interesting.
What is the next target? $1,640 then on to $2,000?

ReallyMe

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ReallyMe