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Gold Rolling Over…Finally?

By Jamie Saettele, CMT, Sr. Technical Strategist
03 September 2010 14:37 GMT

240 Minute Bars

eliottWaves_usd-chf_1_body_100903_090302_CQG_IC_Screen.png, Gold Rolling Over…Finally?

Prepared by Jamie Saettele

Gold is making its way lower in an impulsive fashion. The first 5 wave decline ended following a terminal thrust from a triangle. The rally is in 2 equal legs, common for corrections, and may be complete (finally).

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03 September 2010 14:37 GMT