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Gold 2nd Strive at Practice Via on Reversal Fails 



eliottWaves_gold_body_Picture_3.png, Gold 2nd Attempt at Follow Through on Reversal Fails

Chart Ready by means of Jamie Saettele, CMT the usage of Marketscope 2.0

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-Gold’s sliced through the 6/28 close (1234) on Monday before reversing higher and forming an outside day reversal.

-The next few days are critical as follow through (close higher than today) would increase evidence that a near term low is in place. Tuesday and Wednesday’s attempts both failed.

Trading Strategy: Flat

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