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Thursday, April 14, 2011

Elliott Wave Update ~ 14 April 2011 [Update 8:44PM]

[Update 8:45PM: Still expecting GOLD to runaway up here a bit and reach for the converging channel lines. I have it in wave [iii] of 5 of (5) of [5] up.
Not going to make things too complicated at the moment, going to keep things simple for now.  We could expect a wave (ii) bounce back toward resistance and close the gap down from the other day.
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