Gold Intraday Gyrations Update

The US dollar plunged this morning and gold reacted with its own small spike to the upside.  Is gold in a small 5 wave sequence? If it is, then gold could cut right through the top trend line next week.

This is a diagonal wave count  I’m working at this time and it can spike back to $1310 before I have to call my bearish outlook in gold as dead. Maybe not really dead, but just postponed for now.

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