The next opportunity to watch for is a possible bounce from support. However, traders will have to watch price action closely to be sure of catching a good entry. Readers can also view a chart showing a similar development in the Euro.
This article shows how we were able to refine our forecast throughout the year while also identifying good trades, even at times when the Elliott wave count was less certain. It concludes by showing a newly refined projection for gold into the end of the year.