The elliott wave practitioner, 15 Feb 2009, SPOT GOLD

2009-02-16 1

In this video I revisit the price action in the Gold Spot market. The rally extended now for a while while respecting a rising channel, and the question is how far Gold is likely to run within this channel. I assess the various alternatives and look also at 30 and 15 minutes charts to try and see which way the market is headed next.
The charts in this video are availabe for a free download from my website from the Download section.
www.the-elliott-wave-practitioner.com