Gold prices have made little net progress over the past four months. Little net progress is typical of a corrective consolidative move. Gold prices, as of today, are still less than a 38% retracement of the December 2016 to February 2017 up trend. A shallow retracement of that nature suggests the longer term bull trend from December is not quite over. Using Elliott Wave theory as a model, the sideways correction that began February 27 is ...
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The CAC 40 has opened Wednesday’s trading lower, potentially decline for the third consecutive session after printing a new 2017 high to start the week. Despite this recent string of losses, traders may still consider the CAC 40 technically in an ongoing uptrend. At present the CAC 40 is trading down -0.02%. Leaders for the session include Michelin (+1.25%) and Veolia Environnement (+0.91%). Top Losers for today’s trading include both Vinci (-1.22) and ArcelorMittal (-0.97%). ...
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