The correction in gold has morphed into what appears to be a "triangle" correction, which should resolve to the upside soon.
It is possible that the correction will continue to trace out a standard ABC correction and move lower, we have moved our stop up tight to reduce our downside risk should this unfold.
It is possible that the correction will continue to trace out a standard ABC correction and move lower, we have moved our stop up tight to reduce our downside risk should this unfold.