SPX/GC1!: gold and sp500

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Nota
this is sp500 in terms of gold not dollars. as u see the bear market gold-wise has already started since 2ooo.
our feeling is that the market will go down , but not necessarily in a 5-wave struct as depicted here.things that may influence the anticipated wave-form (wave structure) is how xauusd will behave in the future.
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GC1! (Gold Futures)GoldSPX (S&P 500 Index)S&P 500 (SPX500)Wave Analysis

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