I believe that the price hit $ 50.42 Wave C of Elliott Short now
1)If break out green trendline, probably will go target in vertical line or 261,80% Fibonacci(US$ 63.49). SHS inverted. 2) Wave B Elliott 3) Strong resistance at the green trendline.
GOLD - DAILY CHART Under wave B of the wave 4 Elliott
If, breakup blue up line(arrow green) - bull trend. If, breakdown red line(arrow red) - bear trend.
VALE - American depositary shares.
Natural gas - wave 2 - test bottom of the parallel channel
WTI LONG POSITION WITH TARGET IN 56.344
Up trend if break up resistance in 49.328 and breakout uptrend line. Buyer Candle now. Let's go to see if happen.