I recently posted analysis on EGLD looking for a move to 340 however we had a dip 244 which will allow us to move higher creating a strong bullish divergence as well as the completion of a flat wave 4 pattern; previously i had us still in the Minor wave 3 however I have now placed a wave 3 top on 296 and I now look towards a wave 5 to $330-$350. EGLD has extreme buying strength which can be seen in the C wave decline and its overlapped nature. EGLD continues to trend up in a WAVE 3 super cycle and is still well and truly undervalued and has many sub waves within the MACRO WAVE 3 to go.
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