The current short term chart pattern is a perfect example of the limitation in Elliott wave analysis: Is it (A-B-C) uptrend pattern or a five wave pattern?
XAU/USD Intraday ( 120 min) Chart
Wednesday, March 21, 2007
XAU/USD Intraday
Gold followed silver for a new monthly (March) high. The top to bottom chart is annotated with Fibonacci levels and the uptrend channel. All action options are open but the action will be dependent on options...
The current short term chart pattern is a perfect example of the limitation in Elliott wave analysis: Is it (A-B-C) uptrend pattern or a five wave pattern?
XAU/USD Intraday ( 120 min) Chart
The current short term chart pattern is a perfect example of the limitation in Elliott wave analysis: Is it (A-B-C) uptrend pattern or a five wave pattern?
XAU/USD Intraday ( 120 min) Chart
Subscribe to:
Post Comments (Atom)
1 comment:
I am confident that gold price will rise over $700 in the next few months. The easiest way to invest in gold is through e-gold. See http://www.goldexchange.eu
Post a Comment