In the gold market, the most commonly extended wave is wave 5. IMHO this chart most accurately gives a path.
Chart pattern on weekly. I really like using higher time frames.
DXY ( U.S. Dollar Index)
Trade active
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$ 2100
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We will see!
Trade active
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Short term:
No comment
No comment
Comment:
Medium-term:
This market needs a correction (no new bad news!)
Wave c = 123.6% of wave a
This market needs a correction (no new bad news!)
Wave c = 123.6% of wave a
Trade active
Comment:
Gold- update
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We will see
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Gold- energy never lies
I am out
good luck
I am out
good luck
Comment:
Gold- Energy never lies
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Gold- Update
Target = $ 2200
Target = $ 2200
Comment:
Gold
Comment:
Gold- Wave C > 0.618 of Wave B
Target = $ 2200
Target = $ 2200
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Gold
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Gold
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Gold- they are scrambling
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Gold Pump- Dump !
This can only mean one thing:
This Is the End
This can only mean one thing:
This Is the End
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Gold
Pump- Dump
Pump- Dump
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Gold Pump-Dump!
Did they run out of money?
Did they run out of money?
Comment:
Gold - This Is the End
2012 (-45%)
2012 (-45%)
Comment:
Gold- Update
-6.70%
-6.70%