For the EW folk
Lara at Elliotwavegold has posted free analysis today. Not saying I agree with her forecast, but in this analysis published last night she was predicting Gold to hit 1267.86 today before a 3rd wave down to 1191. Well today so far we have hit 1267.87 according to netdania… I hope she’s wrong, but wanted to share this tidbit with you guys.
For anyone interested the video (16mins of EW) is here –
http://elliottwavegold.com/2017/12/gold-elliott-wave-technical-analysis-video-19th-december-2017/
Many thanks, been anticipating one last capitulation before the run higher. Maybe, this is the time?
Could be. I know many on here have seen a low closer to 1200-1220 as the most likely possibility before a significant rally.
$1200-$1220 was the region I was expecting. Time is running out though.
Yes, Northstar – I was thinking of you in particular – thank you for all your contributions here and Merry Christmas (just got back to the home country for it.)
Thanks Hochschild, seasons greetings to you too 🙂
Thank you for posting that. I’m all in, but who knows?