Gold forecast as of 10/28/2008
Market is in the process of “Flat” (FL) 2nd wave in the range of 667.71 – 794.53 in next month of two. Market move above 900.00 signals that FL 2nd wave is complete and 3rd wave has started.
Flat is a three wave pattern, where 1st and 2nd wave are corrective in nature and 3rd, the last wave, impulsive in nature.
October 28, 2008 10:16 pm 
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