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SILVER Elliott Wave Technical Analysis – 4th October, 2013

Movement below 21.216 invalidated last week’s wave count. Minor wave B is continuing lower as a double zigzag. Click on the charts below to enlarge. A downwards zigzag is unfolding at primary wave degree. Within the zigzag intermediate wave (A) is complete....

GOLD Elliott Wave Technical Analysis – 2nd October, 2013

Yesterday’s update expected more downwards movement with small fourth wave corrections along the way. This was not what happened as price moved higher in a deep second wave correction. Click on the charts below to enlarge. This wave count sees gold in a grand...