Apr 20, 2010

Gold - Elliott Wave Update - Shine Time

              By the yesterdays closing price, the spot gold produced reversed candle and confirmed its $1123.60 low. That was very close to the low $1120 I expected in my last post . The resistance at $1145.80 is broken already.  
              Thus I have to prepare for the next target at $1208. 


Meantime the US indexes are ready for new high.

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