The Gold Correction In Elliott Wave Analysis -- Update

by: The Silver Analyst

Roland Watson (The New Era Investor) submits: Going on from our last Elliott Wave and Fibonacci analysis of the current gold correction, we stated that gold had finished its first initial down move but awaited an end to the ABC corrective pattern we believed was in action.

Reproducing the chart from our last article, we saw how gold had rallied into this correction pattern and we were looking for the completion of the “B