Gold
Please see my post from July 14 here first:
http://theelliottwavesufer.blogspot.dk/2013/07/elliott-wave-analysis-of-gold-be-ready.html
As we broke above minor resistance at 1,288.54 we knew, that we need one more rally above 1,289.98, which was exactly what we saw yesterday with the rally to 1,300.63. The quick return lower from 1,300.63 indicates, that the correction from 1,180.20 is over and we should now expect a new low below 1,180.20. The ideal target for red wave v will be at 1,111.45.
Hi there. Great analysis on Gold. Can you also do an analysis on Palladium? Thanks.
ReplyDeleteHi there :) Could you please explain further on how u could come up with ideal target for red wave v @ 1,111.45.
ReplyDeleteThank you for your great job. Im a frequent visitor of this blog and i have learned a lot from your useful wave count. Please keep up the good work!!!