Seems to me that gold is ready for some pullback. My intraday Elliott wave count indicates a completion of intraday wave III. Good support at 667$.
XAUUSD Intraday ( 4 hr candles) Chart , click chart to enlarge.
Friday, April 13, 2007
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2 comments:
Yes, I believe also. There's a also a negative divergence formed on MACD Histogram on 15 minutes chart and seems 60 minutes is foming also. good thing that it pull back now so it can break $700 with better force and sustanbility.
Frank
Frank,
Lets see what happens tomorrow...
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