Copper $ 5.359 / lb -2.36%
Brent Crude Oil $ 61.12 / bbl -0.78%
Palladium $ 1542.7 / ozt 0.44%
Crude Oil $ 57.44 / bbl -0.78%
Natural Gas $ 4.113 / Btu -2.79%
Silver Futures $ 62.007 / ozt -3.09%
Aluminum Futures $ 2788 / ton 0.00%
Micro Gold Futures $ 4360 / ozt 0.37%
Micro Silver Futures $ 62.007 / ozt -3.08%
Platinum $ 1762.5 / ozt 2.89%
Gold Futures $ 4328.3 / ozt 0.45%
Go to MDC Markets

Gold's 7 Parabolic C Waves - Projection $1,600

John Townsend - [email protected] | November 08, 2010 | 11:49 am Precious Metals Gold 

I believe that gold has traded in a repetitive ABCD pattern since the inception of its secular bull market in late 2001.  The C wave of the pattern has characteristically concluded with a parabolic, near vertical ascent of price.  We...

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