Sure, it could correct. However, on the weeklies, gold looks good for continuation. It's only mid-channel at the moment, so it could go sideways or back down to the bottom of the channel. However, it could equally make a launch towards the top of the channel.
When gold gets a good run going, it tends to go up strongly for many months, with very few bad weeks.
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get ready for a correction, page-11
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