Friday, March 17, 2006

Gold spot intraday chart annotated with Elliot wave count

I have annotated a four hours gold spot intraday chart with Fibonacci retracment lines and Elliot wave count. The short term outlook for gold is still foggy but the chart doesn’t look that bad and the silver action is very positive sign for gold, actually silver is currently climbing higher to new multi decades highs.

click on the chart below to enlarge:
Gold spot

No comments:



Gold Global Perspective Feed

AddThis Social Bookmark Button AddThis Feed Button