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Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.23

+3.7%

Nov 28 4:00 PM EST

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To: NOW who wrote (116169)	5/27/2024 8:55:15 AM
From: #Breeze	Read Replies (1) of 116789

The price pattern from Wave A to Wave B was not impulsive. Hence I labeled it as a complex WXY (3-3-3) pattern for Wave B. The decline thereafter is a straight line (no abc pattern). If you pull up an hourly chart, you'll see a five wave pattern that's unfolding. Maybe it ends in a running flat. That would be very bullish.

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