It's a normal linear scale chart which gives another impression of gold than the logarithmic charts I published yesterday. (See links below).
The whole chart cant stay within the picture but push the "-" bottom to see the trend lines . Fits well in a channel.
Seems like gold is hanging in there.... on a sting!
I have looked at the EW count as an 5 wave down and therefore not corrective. I'll look into to it again to see if a corrective count is possible. I'll return later on that part.
Production cost for miners should be in the neighborhood off $1100. A stop around and a reversal here will keep the miners alive. An gold is continuously in strong demand. Google it....
Safe trading ladies & gents!
@BLawrenceM
Music at work:
https://www.youtube.com/watch?v=yz1kvk9q...
http://open.spotify.com/track/2lfokjWEMj...
The whole chart cant stay within the picture but push the "-" bottom to see the trend lines . Fits well in a channel.
Seems like gold is hanging in there.... on a sting!
I have looked at the EW count as an 5 wave down and therefore not corrective. I'll look into to it again to see if a corrective count is possible. I'll return later on that part.
Production cost for miners should be in the neighborhood off $1100. A stop around and a reversal here will keep the miners alive. An gold is continuously in strong demand. Google it....
Safe trading ladies & gents!
@BLawrenceM
Music at work:
https://www.youtube.com/watch?v=yz1kvk9q...
http://open.spotify.com/track/2lfokjWEMj...
Website:
Instagram: http://www.instagram.com/CoinedByCrypto
Twitter: http://www.twitter.com/CoinedByCrypto
Instagram: http://www.instagram.com/CoinedByCrypto
Twitter: http://www.twitter.com/CoinedByCrypto