Thursday, June 19, 2014

Gold - Elliott Wave structure

A year old triangle in gold is in the latter stages. Here is a daily chart with a detailed view of the Elliott Wave count inside the triangle. A rally in wave 'e' is in progress.

Click on the above image for larger picure. Source Elliott Wave Technician

The labelling of the larger Elliott Wave structure of Gold is removed from the chart. When the triangle is complete, we expect a large move in the price of Gold.

Geir Solem

Elliott Wave Technician
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