Sorry, I should have also disclosed a few more sources I have used to study EW. www.elliottwave.com - if you sign up for "myewi" (it is free, they just want your email address) you get access to the "Elliott Wave Principle online edition". Totally ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

url This guy knows his stuff...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I'm with you...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

According to what I have for Elliott Wave analysis, this is highly probable, in fact, I am counting on it.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

It should get there eventually. I expect a new high in the next few days. But if you are able to close sooner rather than later, you might be better off, otherwise, you may be taking some heat as I expect another leg down to about 1203/1205 area.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Sorry all, I was so tired last night I inadvertently gave a poor outlook on what I think gold is going to do. I was originally expecting more down side but the triangle out of a Wave 4 signals the end of retrace. My plan is to buy at 1205 area. I'm ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Gold is in its last leg of a triangle pattern (E). I expect 1225/1228 to max out upside for now. I will then be looking for a short position down to 1180/1170. 1158 might be a realistic target as well (trendline).

XAU/USD & XAG/USD - Gold & Silver Traders Thread