Market Predictions based on Elliott Wave Theory and Traditional Technical Analysis
Tuesday, February 9, 2010
Attempting a Gold Scalp
I'm going to take a long position in Gold at 1066, targeting 1090. There are a clear 5 waves up and 3 waves down so I expect a 5 wave C leg to follow. Wave A - wave C at 1092. My stop is at 1062, so risk is minimal.
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