Gold long: Completion of Cycle degree Wave 4

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Hello, in this video, I go through Gold Elliott Wave structure on a cycle level (again) before zooming in on the latest 5-waves structure that is Cycle level wave 4. I talk about using existing broken trendlines and how that allows me to determine the strength of a move when there are false breakouts, whether to the upside or the downside.

Lastly, I discuss on how to trade this on the short-term using lower timeframe and price action. Most importantly, where to set the stop and the rationale for it.

Good luck!

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