Gold: waiting for resolution

Gold: 1332.3 GC is nearest support where red wave (ii) could complete. To confirm the low gold has to take out 1347 immediately after a test of 1332 region - otherwise it'll plunge to at least 1318 or as low as 1308.

BaseCase - GC - 1 hr
BaseCase - GC - 1 hr
Arkady Yakhnis provides extensive coverage on precious metals, energy, and forex at ElliottWaveTrader.