Quick Update - Market Analysis for Feb 2nd, 2023


It does not look like we are going to see an initial 5 wave rally off the recent low.  Therefore, we may actually be developing a much better pullback over the coming week or two.  As long as we remain below today's high, I am looking for more of a pullback in GC and GDX.  

GC60min
GC60min
GDX8min
GDX8min
Avi Gilburt is founder of ElliottWaveTrader.net.


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