Sid Norris of ElliottwavePlus.com, during the Sunday, January 12, 2020 weekly “Counts” webinar for Pro-Plan subscribers describes his Elliott Wave count and associated Fibonacci price targets on Gold. Sid always considers Hurst Cycle analysis when developing his wave counts. The combination of Elliott, Hurst, and Fibonacci enabled him to predict that Gold would top no higher than the $1615 level in early January, and then turn to the downside through March/April of 2020 next. Sid’s proprietary momentum algo on Gold for Premium Plan subscribers did an amazing job of suggesting a profitable trade by providing a buy signal in mid-December and waiting to suggest exiting the position until early January, after upward momentum had played out.
For more information about receiving access to Sid’s market analysis, please visit ElliottWavePlus.com.