Timing on Gold also suggests we punch out a low here and bounce in the next few days. Being the first try at 1180 suggests it will hold and bounce then roll over and make new lows in late December. That would be ideal and correlates with your pattern above.
Since when does the market do what we want...... so we watch and wait.
elliott wave analysis of xjo & spi, page-48
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Last
7,981.3 |
Change
-32.100(0.40%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,013.4 | 8,013.4 | 7,918.9 |
| XJO (ASX) Chart |