I've drawn the big circle that big: add in gold futures , silver & silver futures .
All over it's all quite nice corresponding measures.
The Gold Shoulder: If it hasn't done so already ... There is obviously some kind of ABCDX formation going on:
my current favourite bounce point lies at point D: because it seems a suitable juncture, hitting the 0.7639 of the Uptrend, and drawing an ABCD, B-D = 0.618. 50/50 on that at the mo. 1200 ish is not impossible. BUT important observation: I THINK every major drop gets shorter.
Being the furthest down, waiting to see what silver futures do. And stock markets.
We'll see, so very much is at stake this coming week.
All very crux.
(For the astro-logic-ers, maybe some notes later on the cross marked red but , the breaking of the grand cross, and Lilith (the dark side of the moon, it's apogee) moves into Cancer, "messy house". The US, and New , are of Cancer, of the Moon, and I think by consequence, the Dollar also and hence the tidal nature)