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Elliott Wave Theory Analysis Elliott Wave Theory Analysis: ShepWave. What are the GOLD charts Telling US?

Wednesday, March 15, 2006

ShepWave. What are the GOLD charts Telling US?

I have added some analysis for the Weekly charts of GOLD to today's update.

Is the MACD giving a Weekly Sell Signal? Keep in mind that the 50 week moving average has been providing a lot of support for the commodity. Watch the next down tick to see if this trend is broken or not.

Agressive Longer term Traders of GOLD could SELL now. Just keep stops tight.

go to ShepWave for this today's amended update.

Elliott Wave Theory analysis covering the Major U.S. Stock Indexex.

Trade the ETFs.

Trade the QQQQ.

Trade the DIA.

Trade Options.

Elliott Wave Theory.

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