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Gold's EW Structure Points to Final Wave V Target at 2757

171
The current Elliott Wave pattern analysis remains valid as long as price stays below $2,757
Daily closes above $2,757 would invalidate the current wave count
Traders should exercise caution and consider adjusting positions if price approaches this critical level
This invalidation level serves as a key risk management point for positions based on this analysis

This creates a clear strategic boundary for:

Risk management
Position sizing
Strategy validation
Stop-loss placement

Trading Tip: Using daily closes rather than intraday spikes provides more reliable signals and helps avoid false invalidation due to market noise.


Invalidation Level: Elliott Wave Pattern Becomes Invalid Above $2,757
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My EW count remains valid.

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