Citimilo.

Short Gold: Great chances with nice chart -- Modified

FX:XAUUSD   Gold/U.S. Dollar
141 8 0
Good, isn't it?
Serkan G
3 years ago
is possible ... there are two possibilities: one is the shoulder head shoulder formation which you have on your chart and the other one is still that gold keeps going on the flag formation, i think there will be no tapering next week, so there will be no reason the gold fall under the 1327.......
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Citimilo. Serkan G
3 years ago
People will soon realize the US economy is in fast recovery after the debt shock. A lot of companies will start hiring after the worry is gone, at least for a while.
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alex.a
3 years ago
But, I heard non-farm payroll with Gov shutdown data will be included in the pre-GDP. Then it will shot up, I presume.
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Serkan G alex.a
3 years ago
then it will hit over 1400......any idea why the home selling data is not released today?
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Serkan G Serkan G
3 years ago
but its correct what you heard.....they will be included in the pre-gdp and also the data of California are again not included in the todays data
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VRShaiju
3 years ago
I think it won't work.... It's possible a pull back towards 1308 but not below than that. Let's wait

You can relabel your count as 1,2 and i,ii. I think 1348 we completed wave B and wave C is still in progress which could be end around 1333 again before uptrend. Wait for today's close for extra confirmation.
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alex.a VRShaiju
3 years ago
@vrshaiju I am a newbie. Would you mind if I ask where did you learn those wave counts? Nice website, perhaps? Thanks -
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VRShaiju alex.a
3 years ago
http://www.elliottwave.com/club/elliott-wave-principle/default.aspx?code=47574
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