Monday, September 7, 2009

Elliot Wave: Gold Final C Wave About to Begin

By: Ronald_Rosen

Commodities
Best Financial Markets Analysis ArticleSorry to remind you folks, but a bull market goes up on rising volume and rising open interest. A correction in a bull market goes down on declining volume and declining open interest. The A, B, C multi-month correction in gold and silver is being accomplished with declining volume and declining open interest. The final C wave down will begin soon.As a way of apologizing for reminding you of these most important facts I hereby dedicate this song to the “Clunker” policy.

If you want to know what else makes markets go up and down and when they will do so
THE BLACK VERTICAL LINES ARE VOLUME.
THE WAVY BLACK LINE IS OPEN INTEREST
GOLD MONTHLY













GOLD WEEKLY













THE BLACK VERTICAL LINES ARE VOLUME.
THE WAVY BLACK LINE IS OPEN INTEREST.
SILVER MONTHLY













SILVER WEEKLY













Subscriptions to the Rosen Market Timing Letter with the Delta Turning Points for gold, silver, stock indices, dollar index, crude oil and many other items are available at: www.wilder-concepts.com/rosenletter.aspx

No comments:

Post a Comment

Kalender Ekonomi & Event


Live Economic Calendar Powered by Forexpros - The Leading Financial Portal