COMEX GOLD futures clearly obeyed all rules of ELLIOTT's FLAT correction.Correction begins on AUG2011
wave ''A'' completed @ $1045on FEB 2016.
wave ''B'' completed @ $2089and wave ''C'' started on 3rd AUG20.
First target for wave1/5 is $1518
This level is best buying opertunity because if it hold there and get more support
then minimum requirement for wave C may be fulfilled (refer''RUNNING FLAT CORRECTION'')
IT's very long process for all 5 waves to complete till FEB2025
wave ''A'' completed @ $1045on FEB 2016.
wave ''B'' completed @ $2089and wave ''C'' started on 3rd AUG20.
First target for wave1/5 is $1518
This level is best buying opertunity because if it hold there and get more support
then minimum requirement for wave C may be fulfilled (refer''RUNNING FLAT CORRECTION'')
IT's very long process for all 5 waves to complete till FEB2025