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Investors who have given up on the gold market should realize

Investors who have given up on the gold market should realize
that now is a great time to get back in.

Primary wave c of cycle wave B is now in progress. Since it is a third wave, it should cause the price of
gold to rise substantially, because the third wave in any Elliott pattern is a powerful wave. Hence,
primary wave c will probably unfold in one of the following two ways:
• Primary wave c will rise to $633.78, the point at which cycle wave B will have retraced 0.618 of cycle
wave A.
• Primary wave c will travel a distance that is 1.618 times the length of primary wave a. Primary wave a
traveled for a distance of $195.95; primary wave c is likely to rise for a distance of $317.04 ($195.95
× 1.618), topping out at $662.29.
Investors who have given up on the gold market should realize that now is a great time to get back in.
Horatio Miller is editor and publisher of My Point of View, PO Box 27712, Philadelphia, PA 19118, Stocks & Commodities V. 9:4 (172-173): Elliott Wave And Gold by Horatio Miller

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