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Gold: Recovery Ahead?

Sameer Kapoor 13 June 2014

Gold-Recpvery-Ahead {{8830Gold}} rallied back to 1260 in the last 24 hours which now looks like a start of a new bigger recovery. In fact, decline from 1303 can be counted in five waves for completed wave (c) of D which means that it may be a time for a new three-leg rally back in wave E. If we are on the right track then price is now in wave (a).