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Tuesday, February 4, 2014

Gold - Still trading within the triangle.

Gold

Please see my last post from January 24 here

I'm still looking for red wave c higher towards 1,361.86 to end red wave c. Once red wave c is in place red wave d lower towards 1,180 is expected and then the final red wave e higher towards 1,291. However, we have to remember that e waves can be very tricky, as they can become very small and even sub-normal in size.

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