Bottom line: GOLD will continue to increase with the 3rd wave.

The general outlook is for prices to go much higher. Upside target is around the 2055 area.
In the short term, the bullish view will hold while the price must maintain above 2006. When the 2005 mark is broken downward, it shows that the 1st wave of a smaller level is completing, and the 2 discounts going on. Opportunities are good with the 3rd wave of the 3rd wave coming.
Elliott WaveTrend AnalysisWave Analysis

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