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GOLD Elliott Wave Technical Analysis – 26th March, 2018

A little sideways and lower movement to end about 1,344 was expected to begin the new trading week. Thereafter, the upwards swing was expected to continue. This is exactly what happened. A little downwards movement opened the first session of the week to reach a low at 1,343.52, only 0.47 below the target. Thereafter, upwards movement has resumed to complete a green daily candlestick. The target remains the same.

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