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02/14 Gold Price Update

A Lookback


Last week was the least successful in gold price analysis since we started this service.


Gold, 2-hour chart

https://www.tradingview.com/chart/XAUUSD/wn347yi5-XAUUSD-Update/


We were 100% spot on refusing to count recent abrupt sell-off as an impulse (5 waves down) seeing it as wxy in wave 1 of a leading diagonal. Wxy worked well, but leading diagonal didn't.


Next Week Outlook

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