http://www.elliottwave.com Below is example of parameters given by EWT service, I reccomend you follow link and consider the service.
One more push to the target area of $458-$460 in [December Gold] should complete the pattern of wave (2). Since the spot market has already traced out the needed subdivisions to consider wave (2) complete, we are on special alert for signs of a downward reversal. As we noted Monday, coming under $448 (basis December) would be the initial signal that wave (2) was over and a five-wave decline would confirm it. The rough equivalent in the spot market is $443. Any push above the November 29 high, which his $471 basis December, would open the door to more immediate bullish potential.
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