Originally published on Sat Oct 19 on ElliottWaveTrader.net: With RGLD following through to the downside as expected in its c-wave decline, the question we are left with is if there is any more weakness to be expected in the metals complex before we begin the next major rally phase?
The simple answer is that while the patterns still suggest that a lower low can still be seen, it is not something I would be suggesting you trade for in an aggressive fashion.
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