best gold trading ideas

Gold appears to have completed a 5-3 Elliott Wave, in a meteoric rally that left us very little entry opportunities. There was a brief retracement down to 1896, which is a strong technical level. Currently, GC is above 1935, which is a technical and Fibonacci level, which will provide significant support. Momentum seems to have waned at the moment, which makes sense because everything will be anticipating the FOMC even today.

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