Gold Short Term Count - Since late June 2013 a major wave four triangle has been developing. Wave D of the triangle ended at 1.368 and we are currently in wave E, which ideally will terminate near 1,374, but E waves can be sub-normal therefore we will have to follow it closely to pinpoint the end of wave E. Once wave E is over look for a thrust out of the triangle towards the downside towards 1,002.65.

Gold Short Term Count

Since late June 2013 a major wave four triangle has been developing. Wave D of the triangle ended at 1.368 and we are currently in wave E, which ideally will terminate near 1,374, but E waves can be sub-normal therefore we will have to follow it closely to pinpoint the end of wave E. Once wave E is over look for a thrust out of the triangle towards the downside for a decline to 1,002.65 as the ideal target.