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$GC_F (Gold) 8.21.2013
Read MoreMetal has completed a cycle from 1270 and is showing a 3 wave decline from 1385. Therefore, as 1377 & more importantly 1385 holds, we expect another push lower in 3 waves toward 1328 to complete wave (( b )) before metal turns higher again. We don’t like selling the metal into proposed swing lower […]
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$XAU/USD (Gold) 8.20.2013
Read MoreMetal has completed a cycle from 1270 and is showing a 3 wave decline from 1385. Therefore, as 1385 holds, we expect another push lower in 3 waves toward 1328 to complete wave (( b )) before metal turns higher again. We don’t like selling the metal into proposed swing lower as the initial decline […]