Currently, gold is in a corrective pattern, pausing after the strong downtrend since mid-2012.
The correction increasingly becoming a triangle, having completed 4 of the expected 5 waves (waves a to e) within.
Now, price is trending up from wave "d" to "e".
For a triangle correction, price is expected to move from end of wave "e" onwards.
Expecting down trend again.
Previous post shows triangle before wave "d" was complete.
Previous post showing triangle
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