Elliott Wave Live: Gold Update

Monday, June 4, 2012

Gold Update - playing wave v up

In my post from earlier today I anticipated a 4th wave correction that when complete would make a recovery high.

Here is the updated chart with a hypothetical trade made for educational purposes. You can see that I'm long from 1616.1, targeting 1647 for an exit. Pulling my stops to break even at this point for a risk free trade.

Best of Trading

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Monday, June 4, 2012

Gold Update - playing wave v up

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