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Is gold heading back toward $4,000 before the next rally?
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ticker lesson
Breakdown
0:00lesson
Correction potential and price run analysis
- Correction in October still possible
- Next price run up depends on bottom confirmation
- Tools to find next move up require a bottom
- Bottom confirmed by extension from here to here
- Next run up could bounce from here to 4650
0:01lesson
Price movement and trend reversal
- Current downtrend continues until reversal
- Next move could be here then down here
- Confidence in direction change only after bottom
- End-of-year price movement uncertain without bottom
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