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  1. Home
  2. / Markets
  3. / Commodities
  4. / Gold

Catching the Wave: When the Bough Breaks

Though a gold decline below $1,000 per ounce seems hard to imagine, Elliott Wave and Fibonacci theories have made similarly outrageous predictions in the past that were ultimately fulfilled.
By KEN GOLDBERG Sep 07, 2011 | 09:51 AM EDT
Stocks quotes in this article: XLF, TIVO, DCTH, DNDN, IMAX, AKAM, JDSU, TZOO, NVDA, FFIV
Over and over, Elliott Wave Theory (EWT) continues to prove its value for those open-minded enough to embrace itI've personally tried using it across stock indices, individual stocks, ETFs, metals, grains, interest rates and currency futures to demonstrate its unique ability to use the herd mentality, rather than be subject to itIn my comment on t...
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