Wednesday, 10 November 2010

Gold - Elliott Waves - What do you think

I share some views with this Elliott waves view, but not so confident as this guy about how the pattern will turn out to be. If we look at indicators, I think we cannot expect straight to 1488.

But what's next? We are in the 5th wave. So, on the longer term, I think somebody is there to take profit.

Wait and see.

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