09/17/2010 (Gold Update)
Today (09/17/2010) gold completed wave-7 or alternatively wave-e. The short term target has been hit with today's high. Why? The following impulsive segments wave-1, wave-3, wave-5, and wave-7 are of the same size. Also the alternative wave-a and wave-b-to-e are of the same size. The corrective segments wave-4(b) and wave-6(d) are of the same size. With this measurement, the current moving down should target $1260 area first.
http://www.trade2win.com/boards/metals/102372-gold-wave-count-2010-09-a.html#post1256440
Today (09/17/2010) gold completed wave-7 or alternatively wave-e. The short term target has been hit with today's high. Why? The following impulsive segments wave-1, wave-3, wave-5, and wave-7 are of the same size. Also the alternative wave-a and wave-b-to-e are of the same size. The corrective segments wave-4(b) and wave-6(d) are of the same size. With this measurement, the current moving down should target $1260 area first.
http://www.trade2win.com/boards/metals/102372-gold-wave-count-2010-09-a.html#post1256440