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Market Trend Forecast


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#1 Chris G

Chris G

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Posted 14 December 2013 - 11:14 PM

Market Trend Forecast
Friday December 13th, 2013
by David Banister




GOLD’s Elliott Wave Analysis Bear Cycle Coming to a Close in December

Our Last major Elliott Wave Analysis of Gold came in early September when Gold had touched the 1434 area, and in that analysis we called for a re-test of 1271-1285 levels. This was based on our Elliott Wave Analysis of the patterns involved since the 1923 spot highs in the fall of 2011. Our clients of course were updated on a regular basis since that public analysis and we have been looking for clues to a bottom in this Gold bear cycle from the 2011 highs.

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