Below is what I said ealier this morning:
Spot gold now at $881 so fingers crossed EWA is correct.
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"Following is an extract of an article on kitco.com using EWA (Elliot Wave Analysis). Has an uncanny record of being right.
"The predicted rise from $789 to $988 should incorporate two corrections of approximately 4%. Thereafter a 16% correction should follow."
With POG currently at $877 that is a 4% correction from the high the other day.
Time will tell, but I will add to my position at anything below 20c today."
Below is what I said ealier this morning:Spot gold now at $881...
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