This Elliott Wave blog is dedicated to sharing Fibonacci ratios and other technical analysis for forex signals, index futures signals, options signals, and stock signals. Elliott Wave Principle puts forth that people move in predictive patterns, called waves. Identify the wave counts, and you can predict the market.
Wednesday, April 29, 2009
Gold Should Fall Hard Soon; April 29, 2009
Gold should be undergoing a wave 3 at multiple degrees so it should sell off hard and fast. If my wave count is correct, it needs to fall hard very soon. I remain short