GOLD at Huge Downward under the Elliottwaves i found two different Pattern at Gold day chart small one we call Crab and the big one is Butterfly end of this pattern we can reach 5 of Elliott wave then will market start to go upward hope sure you have good journey with Gold
its good but only concern is that market is at so peak level and commodities going down. If market crashes then GLD, SLV will have further way to go down....dont see any reason why people will buy....but if GLD is hitting < 1150 then Indian and Chinese people will bang on it and it might be side ways rather than upward for some time.
Lastin
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yes buddy some who depend on indicators they are willing to start buy but market not give them to chance yet very soon start market struggle.