Close

Gold leads the way into the New Year!

07 Jan Posted by in Market Forecasting | Comments Off on Gold leads the way into the New Year!
Gold leads the way into the New Year!
 

The recent bottom in gold prices on December 15, 2016 is two days off of a full year from the bottom that formed on December 17, 2015.

Within that period of time, a complete set of eight waves formed, thus completing one Elliott wave cycle of the “intermediate” degree. Structurally this presents a strong argument to consider establishing positions in the gold market.

This webinar will present factors which I expect will complement my wave count for gold, (such as expectations for a correction in dollar values), in support of advancing gold prices, into the first quarter of the new year.