GOLD near probable final REVERSE

So in spite of the fact that FED begin quantitative easing and rates are close to ZERO, GOLD has not significant increase, that point out to near final reverse and end of wave B. In addition number of BULLS in this market is enormous in comparison with BEARS, that is one of considerable features of the end of wave B. The third factor is that wave 5 in wave B is presumably triangle or wedge, that is much more possible at the end of the pattern.
eliotwaveElliott WaveGoldreversalpatternshortWave Analysis

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